Tuesday, November 28, 2017

NQ Guideline For Wednesday

NQ continued to trade sideways in a choppy narrow range trading actions on Tuesday simply waiting for some trigger to start the selling.
 
The bull market is losing momentum, and with deteriorating breath, along with numerous bearish divergences, but no one wants to sell aggressively as insiders are just happy to continue selling into a rally.
 
As such, the slow choppy rally should continue for a bit longer.