Wednesday, October 2, 2013

Guideline For Thursday

NQ consolidated between 3250 resistance and 3220 support on Wednesday, and as long as it stays inside the 3220 - 3250 range on Thursday, consolidation should continue.

Breaking below 3220 implies likely decline to next support 3200-3205.
Above 3250 may trigger short-covering with next upside target 3260-3265.