Tuesday, July 14, 2015

NQ Guideliene For Wedensday

Another up-trending day for NQ on Tuesday, the 3rd up day in a row, and not far from it quadruple-top resistance price level.Whether or not NQ would consolidate of pullback down below prior top 4550, only time will tell. 

NQ pullback down into the close on profit-taking. As long as profit-taking down move does not violate key support 4500 price level, NQ should continue to rally and may break above quadruple-top 4550 area.

Breaking down below key support 4500  is an indication NQ is going into a consolidation pullback mode. If so, downside pullback target and support is at 4470-4480 area