Thursday, April 25, 2013

NQ Trade Guideline For Friday

Early morning breakout and rally to resistance for NQ on Thursday, then followed by sideways consolidation into the close.

For Friday, support is 2838 and resistance is 2855. A clear and sustained break our of the 2838 - 2855 trading range would cause a trending move out of the range, in the direction of the break, targeting the next support or resistance level.