Wednesday, May 1, 2013
Trade Guideline For NQ on Thursday
On Wednesday, after making a higher high above Tuesday swing high near the open, NQ reversed and slowly trend down in a choppy way all day.
For Thursday morning as long as NQ is below its previous support now resistance 2870 area, the morning trend should be down.
Above 2870 is an indication that Wednesday's pullback has ended rally continues.