Wednesday was a pause day for NQ as it traded sideways in a narrow range with the close near the day high. ES was a little more bullish on Wednesday as it traded in an uptrending mode.
If consolidation is completed, NQ should trend back up on Thursday with the next resistance at 3680, 3700 and 3710. ADR upside target is 3710.50
Inflection price level for NQ on Thursday is 3655, and for ES is 1881.
-- Bullish above 3655 for NQ, and above 1881 for ES.
-- Bearish below 3655 for NQ, with first support at 3635. Breaking below Wednesday's low could trigger algorithm sell programs. ADR downside target is 3601.75
-- ES first support is 1874
