Another choppy range bound sideways trading action for NQ on Wednesday. There is still no clear ssign that NQ is going to trend. NQ is stil inside a choppy range, not able to rally as liquidity is decline, but not much selling pressure because of the bullishness of the market conditions.
With April 15th as the dateline for tax payment to the government, we should continue to see more selling pressure going forward.
On the intraday basis, key price level for NQ on Thursday will be at 18,400, bullish above with the next resistance at 18,600. Suppoer below 18,400 is at 18,300 then 18,200.
