Tuesday, February 14, 2017

NQ Guideline For Wednesday

After pulling back down to support in the morning Q resume the rally to another higher high on Tuesday. The pattern should continue as long as support continue to hold.
 
Key inflection price level for NQ on Wednesday will be 5265.
-- As long as NQ can stay above 5265 the rally is going to continue. Next upside target is a higher high above Tuesday swing high.
-- Trading below 5265 is an indication NQ is going to pullback down to support first before resuming the rally. Key support is 5250.