Tuesday, January 15, 2013

Trade Guideline For Wednesday (NQ)

Second consecutive gap-down and pullback up day on Tuesday, but the stage is set for a gap-down and trend-down day on Wednesday 

Key Resistance For Wednesday is 2720.
-- Below 2720 implies a potential trend-down day, with key support at 2705 and 2690
-- However, above 2720 implies a bullish scenario, with rally expected to re-test 2747 swing high.

Bundesbank Reported Ready to Retrieve Germany's Gold From New York and Paris