A down day for NQ on Tuesday, and it is only pullback day one, and it usually takes three days of pullback before the trend resumes.
It will have to be a very strong uptrend for NQ to trend back up on Wednesday after only a one pullback day. And with the war in Ukraine and the negative impact of the conflict on financial liquidity situation, central banks would need to intervene aggressive to keep the market up.
Key inflection price level for NQ on Wednesday will be at 14,000, bullish above it with key resistance at 14,150. NQ is bearish below 14,000, with support at 13,870 then 13,700.
