Tuesday, April 30, 2013

Trade Guideline For Wednesday

On Tuesday, NQ briefly pullback down in the morning to complete wave C down before rallying all day, closing at the day high. For Wednesday, continuing rally or a pullback down.

Key level For Wednesday is 2882.
-- Above 2882 implies the uptrend that started on Tuesday morning is still in progress.
-- Breaking below 2882 is an indication that pullback is in progress, if so, look for ABC way down