A very large up-day for NQ on Wednesday, with bullish opening that quickly broke above key resistance triggering massive algo buy programs that lasted all day into the close.
It is likely Wednesday's large up-move may need to be consolidated. If so look for NQ to remain below 4503 key resistance price level and above key support at 4475 (4475 - 4503 range).
A sustained break above key resistance or below key support could trigger a trending move in the direction of the break
The S&P 500 rallied at the open and continued its upward trend through most of the morning.
