NQ opened with a huge gap-up on Tuesday, which as expected cause the shorts to cover. NQ quickly rallied to triple-top resistance with February 22 and March 0-1 swing high.
NQ failed to break above it, as such, short-Sellers came in a quickly tanked NQ back down. However, NQ managed to bounce from support and then close as a doji candle pattern on the daily chart.
Doji candle;e is an indication that the number of bears and bulls are even. Thus on Wednesday NQ should make a decisive decision, and it could depends on what the FOMC will say after their meeting on Wednesday.
Key line-in-the-sand will be at around 13,180, bullish above it and bearish below it
