Wednesday, July 15, 2015

NQ Guidline For Thursday

A sideways narrow range up day for NQ on Wednesday, but still trading below quadruple top. NQ would need to break above the quad top quickly as failure to do so could attract profit-taking short-selling activities that can tank it down to 4470 support.

Key price level for NQ on Thursday will be 4515.
-- Uptrend should continue above 4515, resistances are 4540, then 4555
-- Bearish below 4515, with first support at 4500.