Wednesday, May 10, 2017

NQ Guideline For Thursday

NQ traded in a choppy and narrow range sideways trading pattern on Wednesday. There is no more new buyers but no one wants to sell simply because everyone long the market is just waiting for the Fed to continue to push the market upwards.
 
Short term intraday NQ support for Thursday will be 5665. As long as NQ remains above 5665, it is going to try to make another new high.