After breaking below prior day long soon after the open on Tuesday NQ quickly reverse and rally, and then close near the high of the day.
At the close of the day on Tuesday NQ remained inside a trading range that has kept NQ boxed in for the last four day. However, in after hours trading NQ has rallied to just below key breakout price level, 14,850.
Should NQ opens above 14.850 on Wednesday and remains above 14,850, we could see a one-way trending-up day for NQ on Wednesday. If so, the next upside target is at 15,150-15,200, prior low and double-top with January 22nd swing high.
