Thursday, May 9, 2013

Trade Guideline For Friday in NQ

On Thursday, the uptrend continued, again making higher high and then pulling back down right to support, 2955.25 before bouncing up on end of day profit-taking.

For Friday, support is 2952.50, resistance is 2965.
-- A break below 2952.50 could trigger selling, tanking it down to next support 2935.
-- Above 2952.50 could trigger buy program, pushing it up to Thursday high.