A very narrow range day for NQ on Tuesday as it starts to bump into strong overhead resistance at 11,700 zone. As such, NQ may need t9o go into pullback-down mode for 1 to 3 days before it can rally back up again, that is, as ling as the down-days does not violate key support areas.
NQ could also continue to rally, but it is starting to be risky to be on the buy side for now until we get several days of down days.
Key intraday support for NQ on Wednesda will be at 11,550, bullish above, bearish below it.
