NQ Guideline For Wednesday

With capital fleeing the US dollar asset, on Tuesday the stock market opened with a huge gap-down and it did not recover, as the Dow close down with almost 300 points. The pattern should continue unless the Fed is willing to buy out everything that was sold.

For NQ on Wednesday, key resistance is 6980. As long as NQ remains below 6980 NQ would remains udder selling pressure, and selling could come at any time as investors continue to dump the US dollar assets.