Even with the Fed best effort to push the stock market up in order to ensure that banker's puppet Hillary Clinton win the next presidential election, the stock market continues to struggle, and the bearish divergence on the daily chart continues to weight on the market.
NQ looks ready to tank at any moment. The Fed knows it and will do whatever they can to push the market upward.
Key resistance for NQ remains at 4855 and key support for NQ remains at 4800. NQ is going to remains choppy inside the 4800 - 4855 trading range.
Crude Oil: A weekly close (above $52.08), if seen, would confirm the pattern which would then target $77, in line with the lows from 2011 and 2012. The 200 week moving average is around $72.”
