-- NQ daily trend = down, in pullback-up mode on Tuesday. However, the daily downtrend may have started to resume back down on Tuesday afternoon.
-- NQ 60-minute trend = down as of Tuesday's closing price.
-- NQ 5-minute trend = down as of Tuesday's closing price.
On Tuesday, buy programs triggered right at the open failed to break above key resistance 7750. As expected, sellers cam in to sell in the afternoon, and the selling seems to intensify into the close, setting up a bearish day on Wednesday, unless it can break back above intraday resistance, 7700 for Wednesday
As mention intraday resistance for NQ on Wednesday is 7700, intraday sup[ort is at 7550
-- Below 7700, sellers would have the upper hand, first support and key support at 7650.
-- Trading back above 7700 should keep seller under control, key resistance is again at 7750.
