NQ Guideline For Thursday

NQ remains stuck inside a trading range for the last five trading sessions, unable to rally as there is simply no more buyers left to push the market up except the buy programs engineered by the market manipulator.

The debt ceiling coming into effect in on the 16th of march weigh heavily on the market but no one really wants to sell simply because the buy programs is always ready to come in to squeeze the short sellers. As such, without any substantial pullback down move the market is going to remain choppy and narrow range.

Key support remains at 5332 for NQ. NQ is going to remain choppy above 5332.