Thursday, November 14, 2013

Guideline For Trading NQ on Friday

As expected, with Janet Yellin appearing before the  senate, and with the Fed buy programs,  NQ continued to rally and made another higher high on Thursday. 
Friday is usually a bullish day but it is possible that the market consolidates in the morning. And as long as consolidation does not clearly violate key support, it should rally back up to make another higher high.

Key support for Friday is 3390