A breakout day for NQ on Tuesday, with NQ opening above prior day high, triggering buy programs and rallied, a large up day for NQ on Tuesday.
With NQ upside target reached in the morning NQ then traded sideways the rest of the day, consolidating the big morning rally. If consolidation is complete, NQ should then rally again or reverse back down.
Key inflection price level for NQ on Wednesday will be 6670.
-- Bullish above 6670, an indication the rally has resumed.
-- Trading below 6670 implies NQ is either going to trade continue to trade sideways, or reverse back down. Key support on any decline will be 6610, the 200-movign average on the 5-min chart.
