Monday, September 7, 2015

NQ Guideline For Tuesday

With most traders out of the office for the long labour day weekend the market simply traded sideways on Friday. 

With most traders back in the office on Tuesday look for the market to move again but a sustained trending move may not come until the FOMC has made their decision regarding the much anticipated interest rate increase at their next meeting next week.

Key resistance for NQ on Tuesday will remain at 4300.
-- NQ should remain under selling pressure below 4300.
-- Bullish above 4300