Monday, November 30, 2015

NQ Guideline For Tuesday

There was not so much happening in the market on Monday with NQ continuing to gravitate towards the balance price zone around 4675 area. After trending down in the morning to first support zone NQ rallied back up to the balance price zone, closing just below it.

The pattern may get repeated on Tuesday with attempted trending move that could get reversed and pushed back toward the balance price zone. 

Key inflection price zone for NQ on Tuesday will again be 4675 area.
-- Bullish above 4675, first resistance is 4700.
-- Bearish below 4675, first support is again 4655