Wednesday, March 4, 2015

NQ Guideline For Thursday

Wednesday was the second pullback-day within the current uptrend. Given the strength of the current uptrend, after two consecutive pullback days, NQ should resume its uptrend on Thursday.

If so, NQ should break and rally above 4450 key inflection price level for Thursday, and then rally to a higher high above Monday's swing high.

Failure to rally on Thursday is an indication NQ may be going into a larger pullback mode.