Trade Guideline For Wednesday (Nasdaq NQ)

A big gap-down opening on Tuesday must have caught the attention of the Fed as it was quickly reversed, and the market was in up-trending mode most of the day. Resistance for Wednesday is 2170 and support at 2140.

• Above 2170 implies more short-covering targeting 2190-2200.
• Below 2140 implies a move down to test Tuesday's low.