Sunday, February 12, 2017

NQ Guideline For Monday

NQ traded within a very narrow range on Friday. This type of trading pattern is going to continue going forward until there is a decent pullback in the market.
 
Inflection price level for NQ on Monday is 5225.
-- First support is 5217 and second support price level is 5207.
-- Trading above 5225 implies another higher high for NQ before profit-taking sets in, is above Friday swing high.