Monday, February 23, 2015

NQ Guideline For Tuesday

As expected, another slow, choppy and narrow-range up-day for NQ on Monday. Without any large pullback the pattern of slow, choppy and narrow-range up-day is going to continue.

Key support for Tuesday will be 4430.
-- As long as NQ pullback-down decline can stay above 4430 on Tuesday, look for the rally to continue.
-- A clear break below 4430 implies a larger pullback-down move.