Tuesday, December 15, 2015

NQ Guideline For Wednesday

NQ opened with a gap-up on Tuesday and then traded sideways all day. With a very manipulated market, anything is possible, looks for the Fed to continue to buy the market going into and after the release of the FOMC policy decision on Wednesday.
Image result for fomc meeting
Key price level for NQ on Wednesday will be 4580.
-- NQ should remain bullish above 4580.
-- Trading below 4580 is bearish.