Monday, November 23, 2015

NQ Guideline For Tuesday

After making a higher high early in the trading session NQ pullback down breaking below key support but managed to close just right at key inflection price level 4675.

On Tuesday a sustained re-break back above 4675 is an indication NQ pullback has ended and that the next rally day is in progress, targeting a higher-high.

Trading below 4675 implies pullback down move is still in progress, next lower support is 4630.