20050701 Op 30 min range 1503.5-1509, 5.5 NQ points, mov avg were all above 1509, trade for last 1.5 hours was strong close the previous day. Upside breakout trade was not taken because of the mov avg resistance above. Downside break later was the short trade for the system, with 2 elements (of the 3 required) present: small opening 30 min range and no mov avg in the way. 

NQ daily chart