On Tuesday NQ rallied towards 4380 resistance area but profit-takers and short-sellers sold aggressively just below resistance, tanking NQ back down to just above 4330 support.
The trend direction for NQ on Wednesday will depends on where it trades in relation to key support, 4330.
-- As long as NQ can stay above 4330, it may have a chance to rally back up to 4380 resistance area.
-- Breaking below 4330 will turn NQ bearish, an indication NQ may want to go back down to test 4280 swing low. If so, any bounce is to be sold.
Crude Oil continued to rally
