A big rally day for NQ on Tuesday with a close near the high of the day, a bullish close, usually followed by a gap-up open and then reverse back down.
However, there is nothing normal about the current price actions. As such we could see another large up-trending day on Wednesday, the third day in a rown.
Key price level for NQ on Wednesday will be at 17,620, bullish above with the next resistance at 17,950-17,800.
If that gets broken o the upside, the next higher resistance is at 18,000-18,100. That's still very far up. NQ would need massive short-covering to get it to 18,000-18,100 price zone on Wednesday.
NQ is likely to rally to 17,950-17,800 in the morning, then reverse back down to retest support at 17,620.
