Thursday, May 4, 2017

NQ Guideline For Friday

On Thursday NQ again traded sideways in a choppy narrow range trading pattern, stucked between 5600 support and 5630 resistance.
 
Friday could be a repeat of Thursday trading pattern inside the same 5600-5630 trading range unless they trigger buy programs that could push NQ up above 5630 and keep NQ above 5630.
 
The French election could have some influence over Friday's trading pattern, with most pundit expecting Marine Le Pen to lose to Macron. However, an unexpected victory by Le Pen could cause some trading volatility come Monday next week.
Image result for french election marine le pen