NQ traded sideways all day on Tuesday, trading in a very narrow range, It eventually made a higher high above Monday swing high after the close of the regular trading hours.
NQ has now completed a 5-wave rally from its pullback low on January 19th, setting up a likely deeper multi-days pullback starting on Wednesday.
Overnight, NQ has traded below its intraday support/resistance price level. ,If NQ should open below its intraday support/resistance price level at 11,850, its first downside ,pullback target is 11,400.
