Another sideways narrow-range consolidation pattern for NQ on Wednesday, four consecutive days. NQ would need to breakout above 21,350 and push higher to trigger a trend-up day.
A big gap-up open above 21,350 would increase the probability of a short-covering trending up day that lst all day long..
If NQ required a deeper pullbsck before trending back up again, supports are 20,900-21,000 and if that does not hold the next lower suppoert is at 20,700,
Upside target for a trend-up day will be at 21,700-21,750 are.
