NQ traded sideways on Monday and Tuesday as most traders and investors were out of the office for the Memorial Day holidays It may be ready to trend again as market participants are mostly back in the office. If so, the market should breakout of the current trading range a trend again
Key price level for NQ on Wednesday will be at 25,900, a bullish breakout above it with the next resistance at double top, 26,400.
Support is at 25,350-25,400. Thousg not expected, a sustained break below would be bearisn and could cause a massive liquidation decline. Support levels are 25,400 and 25,750
