Wednesday, March 30, 2016

NQ Guideline For Thursday

NQ opened with a gap-up, then after running up in the morning, profit-taking at 4500 resistance area sent NQ back down to below the opening price, then rallied back up to the opening price level at the close, showing a doji day on the daily chart.
 
With the daily chart in a bullish up trending mode, and major global central banks in massive money creation business, NQ should rally back up again once consolidation and profit-taking activities has ended.