After three consecutive day of decline NQ rallied on the fourth day. As long as NQ remains above Monday's swing low, 19,727, NQ should either continue to consolidate or rally.
Key intraday support for NQ on Wednesday will be at 18,925 and key resistance is 19,990.
Trading above 19,990 should continue to trigger short-covering, with the next resistance at 20,150 if the market is very bullish. A choppy market could rally up to 20,075
Trading below Monday low after just one rally day is an indication the market is very bearish. If so the next support level is at 19,600
