On Wednesday NQ opened with a gap-up and then slowly rally into resistance but did not break above 5783 resistance until the end of the day.
NQ close at the day high, which is the location of the next key resistance zone 5795-5800 area, the 20-day moving average on the daily chart.
If NQ can opened with a gap-up above 5785-5800 resistance zone in the morning on Thursday then NQ should continue to rally until the next resistance zone at 5860.
Should NQ opened below 5800 on Thursday morning it is likely to need a pullback before attempting to break above 5800 resistance. Support on a pullback-down will be 5775.
