Sunday, July 27, 2014

Guideline For Monday

NQ broke below 3960 support on Friday, after re-tstign broken support, it then trend down to the next support before rallying back up.

Price inflection level for Monday is 3955, with 3970 resistance and 3940 support.
-- Bearish below 3955 with support at 3940 then 3930
-- Bullish bias above 3955 with resistance at 3970 then 3990, and then 4000 which remains a key psychological resistance level.