Wednesday’s trade what not easy to trade. Easy to read but the NQ didn’t always choose to comply or follow what the balance of the indexes were doing. So, as a day trader it was difficult. However, having said that persistence and tenacity lead the day and I along with others were able to turn an “ugly” day into a profitable day. The NQ eventually did confirm the current wave count and I’ve added additional labelling to reflect the progress of wave 3 of Minor 5. The 3 of 3 move as discussed on yesterday’s update did not start off with much enthusiasm in the way of a thrust higher. Day trading the NQ today was a difficult task to say the least — there were long periods of no follow thru — sudden jerks lower and higher — it was full of surprises both good and bad. For tomorrow I am expecting the wave 3 of Minor 5 to continue with resistance at 14855, 14875 and 14932 the likely zone to complete wave 3 and set the stage for a small wave 4 correction. Ultimately I am still expecting Minor wave 5 to reach new highs above 14996 with first resistance coming in at 15034, with the zone extending well above 15100.