NQ opened with a gap-up above its record high that was established in May, then traded sideways all day in a very narrow range, either consolidating as a setup for the next strong up-trending move, or setup for a big down move because there is really not many buyers left.
Going forward, key price level will be 5900, now key support.
-- Staying above 5900 should keep selling under control as traders holding long position is simply going to go for a ride upward.
-- Falling back below 5900 is going to attract heavy selling , supports are 5880, then 5850.
