Sunday, September 14, 2014

Guideline For Monday

A slow and choppy decline for NQ on Friday with a small profit-taking rally into the close. 

NQ has been stuck inside a trading range between 4055 support and 4105 resistance with the main activities oscillating between 4060 and 4095. It needs a clear and sustained break out of 4055 - 4105 trading range to cause a trending move.

Key price level for Monday is 4070 for NQ.
-- Bullish above 4070 with resistance at 4095 and 4105.
-- Bearish below 4070 with support at 4055 - 4060 then 4020