Ahead of the long labour day weekend, after trading sideways in the morning, NQ rallied in the afternoon and into the close, setting up potential rally into the end of the week.
Key price level for Thursday will be 4220.
-- As logn as NQ can stay above 4220 the rally should continue. Resistances are 4275 then 4340, then 4440.
-- Below 4220 is bearish but with the Chinese market closed for the rest of the week, to celebrate the anniversary of the end of WW2, there is likely not much selling pressure coming from the Chinese market.
