Sunday, February 22, 2015
NQ Guideline For Monday
With No Change in the Greek debt situation last Friday, unless the Greek people can somehow overthrow the bums that they voted into office to supposedly represent them, but instead represented the bankers, nothing is expected to interrupt the Fed non-stop buy programs designed to push the market up and up to the next technical target of 4600. The rally may be slow or may be fast, with or without a pullback.
Key support for NQ on Monday is 4415 .
-- As long as NQ can stay above 4415 the uptrend should continue without much pullback.
-- Breaking below 4415 however, is an indication NQ is going into a one to two days pullback-down mode.