Tuesday, January 21, 2014

Guideline For Wednesday

A large gap-up open, then dropped down sharply to close the gap. on Tuesday. After finding support NQ start to rally and rally all the way back to the morning high.

For Wednesday it should continue to rally higher immediately without consolidation, as long as it does not pullback down below 3600.

A pullback down to below 3600 is an indication that NQ is going into a consolidation mode first support is 3575