NQ remained in a pullback-down mode on Wednesday following a huge gap-up and trend-up day on Monday, a second pullback day. If the current uptrend is still strong NQ should rally on Thursday.
If, instead of rallying, NQ drop below Monday swing low where trailing stop-loss congregates, we could see NQ very quickly tank down to the next support zone, 11,550-11,600
In order for the current uptrend to resume, key resistance price level NQ needs to break on Thursday is 12,030, and stay above the level;
