Another all day buying binge by the Fed designed to create a bullish day to spur market confidence on the day the FOMC releases its minutes from its last meeting.
With still more room for the market to rally before bumping up against strong resistance, as logn as any pullback down move does not get out of control look for the rally to continue.
For NQ, with the next resistance zone not until around 4680 - 4700 NQ can follow one of two path.
1. For NQ to rally up to resistance in the morning then sell-off during lunch and in the afternoon, or
2. Pullback down in the morning then rally during lunch and afternoon
