Monday, August 24, 2015
NQ Guideline For Tuesday
A massive global stock market crashed on Monday with the Dow down over 1000 points near the open before the Plunge Protection Team managed to push it all the way up to almost closing the gap.
After a massive gap-down open NQ rallied to close the gap before dropping back down into he close but stayed above the low of the day.
-- As long as Monday's low is not violated, look for NQ to trade sideways or rally.
-- Breaking back below Monday low is likely to trigger another round of massive algorithm sell programs, next support is 3700