NQ Guieline For Thursday

Non-stop buy programs likely engineered by the Fed buyers that started at the end of the day on Tuesday and continued on Wednesday that lasted all day with small profit-taking decline near the close pushed NQ up to higher-high above last week Friday swing high.Now NQ has made a higher-high, a sideways consolation or a larger pullback should be coming soon.

Key price level to watch for on Thursday will be 4530.
-- Staying above 4530 in the morning on Thursday is an indication NQ is still in an uptrending mode before pulling back.
-- Trading below 4530 implies NQ is in a pullback /consolidation mode, next supports are 4520 and 4503.

S&P 500 on the other hand, did not break above last Friday swing high