Monday, September 24, 2012

Trade Guideline For Tuesday

Nasdaq opened with a large gap-down on Monday then traded sideways the rest of the day, closing just above 2835 support.

For Tuesday Key Level is 2835.
-- Bullish above 2835 with resistance at 2850 then 2860. Above 2860 target a re-test or a break above above last Friday swing high 2874
--  Bearish below 2835 with downside target at 280-2825. If we get a very bearish day next support down is 2795

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