NQ traded above key 8000 support on Wednesday then spent the rest of the day rallying in a choppy fashion.
Key support for NQ remains at 8000 for Thursday, and until NQ break below 8000 selling should remain under control.
Key intraday inflection price level for Thursday will be at 8160
-- Bullish above 8160, but NQ is near overbought on the 5-minute chart, and also overbought on the 60-minute timeframe, so it may rally and then get sold, with resistance at 8230-8240.
-- Bearish below 8160 with support at 8000
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