Another sideways trading pattern for NQ on Tuesday, although he daily uptrend is still up, it is an indication that the upside momentum is slowing down.
On Tuesday NQ opened above line-in-the-sand, and rallied in the morning, then pullback down in the afternoon.
Key line-in-the-sand for NQ on Wednesday is now at 8250.
-- Trading above 8250 in the morning could cause a rally.
-- Trading below 8250 is an indication NQ is going to drop down to lower support, first support is 8230, then 8125.
