On Wednesday NQ opened with a gap-up above key inflection price level, setting up a bullish day. After dropping down to support, NQ then rallied to above the morning swing high before settling back down a bit on profit-taking activities.
The closing price on Tuesday was just above support, 5935, which will be key inflection price level for NQ on Thursday.
-- Trading above 5935 will keep NQ in a bullish mode, resistance is again at 5960.
-- Trading back below 5935 implies a potential further drop down to 5900-5910 support zone.
-- Below 5900, NQ will be in a very bearish mode, lower support is at 5835
Trump tax reform plan talk was an excuse for the buy programs on Wednesday
