Monday, July 29, 2013

Guideline For Tuesday

After making a higher high, NASDAQ pulled back down to 3057 support on Monday, then bounced from support, closing right in the middle of the day range.

For Tuesday, as long as it can stay above 3057 support, NQ should continue to rally to higher high above Monday swing high before reversing back down to support, first support will be FT Pivot, 3067.75, then  it that breaks, next support is breakout support 3055-3057 area..