- if today's upward momentum in the major equity indices can be at least maintained and perhaps continued in the coming asian and european sessions;
- and if the NQU09 puts in a reasonably expected daily trading range of 2.00 - 2.60%, with the low of the session being maintained at say 1595;
- then the NQ projects to trade up to the 1627 - 1636 area by the end of the thursday session...
- resistance during the current 21 trading day range has been in the low 1630's...
- current discretionary swing sell orders for the NQU09 are limit: 1607.50, 1617.50, 1627.50
- its 1130 pm ny time, china is up 1.5% and japan is up 0.75%...
- the NQU09 just broke above its late afternoon to early overnight session high of 1600.50 to 1602.75...
***remember this is an illustration of what i am trading and my thinking...my trading plan may change without notice...this is not a recommendation for you or anyone else, to buy or sell this or any other security...***
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