Sunday, November 3, 2013
Guideline For Monday
For NQ, Key Inflection Price Level For Monday is 3370
-- Resistance at 3380
-- Support at 3360
NQ looks set to go down, but in order to do so it would need to clearly break below support 3360 and 3350 to attract more selling.
On the other hand, a clear break above 3380 could trigger a short-covering rally.