Monday, April 24, 2017

NQ Guideline For Tuesday

On Monday NQ opened with a gap-up, but without any new buyers NQ simply traded sideways, but the Fed managed to keep the market up.
 
Key price level for NQ on Tuesday will be 5492, Monday's swing low.
-- As long as NQ stays above 5492 selling should remains subdued, and NQ either trades sideways or rally if they trigger another rounds of buy programs.
-- Breaking back below Monday's low is likely to trigger selling. If so the next support is prior swing high, 5480, and 5480 needs to hold if NQ rally is going to continue.
 
Democrats says that President Trump Must Surrender On Funding For A Border Wall To Avoid A Government Shutdown On His 100th Day In Office (April 28th)
Image result for trump border wall