Monday, October 3, 2016

NQ Guideline For Tuesday

Not much happened in the market on Monday as it simply traded sideways in a very narrow range. As long as NQ is still trading above its 20-day moving average support on the daily chart, now at about 4810, it could remain in a choppy up trending mode.
 
Short term key inflection price level for NQ on Tuesday remains at 4855.
 
European Bank Perfect Storm