Wednesday, June 22, 2016

NQ Guideline For Thursday

Another sideways trading action in the market on Wednesday as buy programs continued to be sold. With the trend on the daily timeframe still pointing down, rallies will continue to be sold.
 
With the British voting on their BREXIT referendum on Thursday, and whatever the result may be, major central banks will use the results to trigger massive buy programs to push the stock market up and massive sell programs to push gold and silver down.
 
Key price level for NQ on Thursday will continue to be 4355 support and 4430 resistance.