Another choppy narrow-range up-day again for NQ on Tuesday. With the Fed likely the only buyer in town the market is just struggling moving upward. Janet Yellen testimony failed to move the market.
Without any major unexpected even that can cause sellers to sell, the current choppy slow narrow-range uptrend is going to continue, with or without a pullback, with the next technical target on the daily chart at 4600, but 4500 whole number resistance could cause some pullback prior to NQ reaching 4600 target.
Key support for NQ on Wednesday will be 4440.
-- Uptrend to continue above 4440 withour any larger degree pullback-down move.
-- Clear break below 4440 is an indication NQ is going into a 1 to 2 day pullback mode
