Wednesday, January 8, 2014

Guideline For Thursday - NQ

Nasdaq continued to make another higher high on Wednesday, the third days in a row since the low last week Friday, breaking through resistance.

Support/resistance level for Thursday is 3560.
-- Above 3560 implies NQ implies NQ will continue to rally, next target is 3595 resistance, prior swing high.
-- Below 3560 is an indication NQ is going to lower support level, 3545.