Another slow up-trending day again on Wednesday. As long as pullback-down does not clearly violate key support level, the uptrend should continue to higher-high.
However, NQ is now approaching whole number resistance at 4200 where traders may take profit, which has the potential of causing a larger pullback down move.
Key support for NQ on Thursday is 4180.
-- Above 4180 NQ is likely going to make another highe-high above Wednesday's swing high, with the next resistance at 4200.
-- A clear break below 4180 is an indication NQ is going into a larger pullback down move, support are at 4160, 4135.
