Wednesday was a pullback-down day for NQ. The rally from March 14th low has three pullback/pause days before the trend resumes. Will Wednesday pullback only last one day just like the three previous pullbacks? only time will tell.
As such, key price breakout level to watch for on Thursday wail be at 15,267 resistance and 15,010 support. Breaking out of the 15,010-15,267 trading range wil cause either a trending breakout or a false-breakout.
Successfully breaking out of the 15,010-15,267 range will trigger a rending move in the direction of the break. Failure to stay outside the breaks will cause a fast trend reversal
Successful breakout pattern
