Thursday, September 12, 2013

Guideline For NQ

Another sideways consolidation for NQ on Thursday, and it may be ready to make a trending move on Friday, either up to 3200 or down to 3150 depending on where it trades in relation to equilibrium level, which is 3175 for Friday.

-- Above 3175 would give NQ a positive bullish bias for Friday morning, with rally target up to 3200.
-- Below 3175 is an indication that it is puling back down to support, 3150