NQ simply traded sideways in a choppy and very narrow trading range on Wednesday, setting up a big move, up or down, and the big move could come at any day, and tomorrow could also be the day.
The daily chart for NQ is in Sell Mode, thus the Fed/PPT is the only major buyer holding the stock market up, in order to make it looks as if the US is not affected negatively by the trade war with China. It is not going to last, the stock market is set to decline sooner rather than later.
Key price level for NQ on Thursday will be 7455.
-- Choppy sideways or rally above 7455.
-- Potential sell-off day below 7455
