Trade Guideline For Wednesday (Nasdaq NQ)

Tuesday was a consolidation day. It may be ready to trend on Wednesday. If so, it should clearly break and stay below key support level 2200.

Inflection level for Wednesday is 2220, bearish below, bullish above it.

• Key support is 2200
• Key resistance is 2235-2240

European debt crisis and credit crunch should continue to intensify. The next in line for sovereign debt in Europe crisis is France.