Tuesday, April 2, 2013

NQ Daily Chart

NQ is in its final leg up, W5, of the current uptrend that started in November 2012. Whether or not it will break above prior swing high, September 2012, only time will tell. If it does break, targets are 2925 and 2950.

As long as price action remains above the band, the trend is still up, and the trade will remain buying the pullbacks.

NQ daily Chart