NQ rallied early in the morning in anticipation of the agreement on the debt ceiling deal, then spent the rest of the day consolidating sideways. Once consolidation / pullback ends, and as long as it did not violate key support, it should resume its uptrend.
Key inflection level for Thursday is 3265.
-- Above 3265 is an indication of strength, look for NQ to trend up to above Wednesday's swing high.
-- Below 3265 implies the pullback is still in progress, and the next support zone is 3250-3255. A clear break below 3250 implies NQ is going into a larger pullback down, next support is 3230.
Debt ceiling deal has been reach.
