NQ traded sideways below double-top resistance on Tuesday still unable to break out above 6000 key resistance. However, as long as NQ can stay above key support of 5950 any selling should remains under control.
For Wednesday support is 5950 and resistance is 6000.
-- A sustained break out of the range could trigger a fast trending move in the direction of the break.
-- A false breakout is going to trigger a fast reversal.
-- A failure to break out of the range implies more sideways consolidation price action.
The Trump administration continues to be obsessed with North Korea in order to divert attention from its domestic problems.
