Tuesday, April 14, 2015

NQ Guideline For Wednesday

Sell programs triggered soon after the open tank NQ quickly down to strong support 4370 area before spending the rest of the day rallying back up, in a choppy fashion towards 4400 resistance which wil be key price level for Wednesday.

Failure to stay above 4400 on Wednesday is likely to trigger another round of sell programs, first target down is a re-test of 4370 support.

Trading above 4400 could trigger a move back up towards 4425-4430 resistance.