Market rallied right from the open on shortened trading day on Tuesday.
Key Level for Thursday is 2635 on NQ and 1367 on ES.
- Above 2635 NQ implies uptrend is still in progress, next upside target is 2675, and much more if market internals is extreme.
- Below 2635 implies NQ is in a pullback mode, first target down is 2620 prior breakout level now support. Next support below is 2610.
- Below 2610 implies NQ is in trend reversal mode, targeting a break below 2600.