Trade Guideline For Wednesday (Nasdaq NQ)

A large gap-down day on Tuesday that was then followed by consolidation for the rest of the day, closing at key inflection level. If consolidation is complete I will look for another trending move, up or down, on Wednesday.

Key price level for Wednesday is 2300.

• Above 2300 implies NQ is going up to 2325-2330 then 2350.
• Below 2300 implies another down-leg on Wednesday targeting a move down to 2250.