Monday, May 21, 2018

NQ Guideline For Tuesday

The market manipulators tried to rally the market on Tuesday by opening with a huge gap-up in order to generate a positive spin on failed trade talk with China, but the stock market refused to rally as deflationary forces continues to weigh heavy on the stock market.
 
NQ has been stuck between 6960 resistance and 6860 support for the last five trading days, and will continue to trade sideways inside the 6860-6969 range until it can clearly break out of the range.