Topping price action continued in the stock market on Wednesday. There was a general weakness in the market with all the major indices trading in a bearish mode.
For NQ on Thursday key resistance price level to break in order to get back to bullish mode is 6280.
-- Remaining below 6280 is going to keep NQ on a bearish mode and selling could come back in. If so key support is at 6226 then if that breaks, lower support is at 6200.
-- Trading back above 6280 will put NQ back in the bullish mode, and could trigger some shorts to cover to lock in profit ahead of the weekend. The next resistance is 6305
