Thursday, September 10, 2015

NQ Guideline For Friday

NQ traded inside Wednesday trading range all day on Thursday setting up potential breakout to the upside. But as long as NQ remains below 4350 it should remains under selling pressure.

However, NQ would need to break below 4200 to trigger massive sell programs. If so, it is an indication the downtrend has resume, and downside target is 4000.

It is also possible NQ is going to trade sideways as usual on Friday, unless some unexpected external shocks hit the market.
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