Thursday, March 26, 2015

NQ Guideline For Friday

On Thursday NQ opened with a huge gap-down but then rallied back up to close the gap before pulling back down into the middle range into the close.

Key price level for NQ on Friday will be 4300.
-- On Friday as long as NQ can stay above 4300 support level NQ should continue to rally or trade sideways. Key resistance is 4340
-- Breaking back below 4300 is likely to trigger another round of algo sell programs.