Monday, February 1, 2010

NQ Short Entry

Well the market bounced up so where we finish today is anyone's guess.  Internals are positive but volume has been light.  If we do roll over I like NQ to lead to the downside.  And if we continue higher we won't get filled.

Symbol: NQ
Chart: 30m
Entry: Sell Stop @ 1741.50
Stop: 1755.25
Target 1: 1738.00
Target 2: 1727.75
Target 3: 1711.00