As expected, trend in a blow-off phase should not pullback for more than one day before resuming the trend.
The Dow, S&P 500 and Nasdaq are all in blow-off phase. And so it did on Wednesday after pulling back down for one day on Tuesday NQ rallied back up on Wednesday.
Short term key support for NQ on Thursday is now at 6790.
-- And as long as NQ remains above 6790 the rally should continue to another higher high, breaking above Tuesday swing high for NQ before profit-taking could potentially push it back down.
-- Should NQ trade below 6790 on Thursday, selling could come back in.
Cryptocurrencies continues to be under attack by central banks.
