-- NQ daily trend - UP
-- NQ 60-minute trend = Up
-- NQ 5-minute trend = Up
NQ opened above 200-ma on the 5-minute chart on Wednesday, triggered short-covering, with NQ closing at the day high.
Key line-in-the-sand on Thursday will be 7885.
-- Bullish above it. Trump buy programs is already running full gear overnight after he announced a delay in new tariff, may cause a big gap-up open on Thursday. If so, the open should serve as a new LIS after the market open.
-- If NQ should open below 7885 (not very likely) that is bearish.
