NQ traded sideways again on Wednesday. After making a slight higher high above prior day high, profit-taking sent NQ back down to test support again before rallying into the close.
Key inflection price level for NQ on Thursday will be 5995
-- Trading above 5995 implies a rally to above prior swing high of 6018 before profit-taking activities sets in that could push NQ back down below 6018.
-- A sustained break above 6018 is likely to trigger a trending up day.
-- Below 5995, selling could come back in. If so the next support is at 5960
