Thursday, July 4, 2013

NQ Trade Guide For Friday

The rally continued on Wednesday, and likely to continue on Friday as long as any decline does not break uptrend support.

For Friday, uptrend support in the morning will be 2950, and as long price is above 2950 in the morning on Wednesday the uptrend should continue with the next resistance at 3000. 

Below 2950 implies NQ is in a decline mode with key support at 2935 and 2915