On Tuesday NQ traded sideways as expected following a trending up day on Monday. A sideways day is a set-up for a big move, likely to hapen on Wednesday.
Key line-in-the-sand for NQ on Wednesday will be at 13,600, bullish above and bearish below it.
If NQ should rslly on Wednesday, with NQ already in overbought zone on the 60-minute time frame, It is likely that NQ rally could get reversed if it rally to 13,750-13,875 zone quickly.
Opening below 13,600 is bearish, with lower supports coming in at 13,400-13,450
