Short-covering rally continued on Tuesday with NQ day high at double-top resistance with October 6th swing high, with the close near the high of the day, a bullish close.
However, after the close NQ has sold off hard due to poor earning, setting up potential sell-off on Wednesday.
With trailing stop-losses just below 11,000, NQ would need to break below 11,000 and stay below 11,000 to trigger sell-off. As long as 11,000 is not violated, we should see NQ trading sidfeways or rally.
Key intraday support is at 11,525.
