The September e-mini NDX (NQ) recovered quickly from an early dip to 1489 yesterday and spent less than 30 minutes of the equity session below 1500. It wasn’t until the final 2 1/2 hours that NQ moved above 1509 on the way to the 1520.25 high and 1512.75 close. The high moved above the 6/10 high of 1515.75, was 56 bps away from the 1528.75 projection and 8.6% above Monday’s low. Does NQ make a move on the projection today? Google (4.7% weighting in the index) reported earnings last night and is down about 2%, but NQ is currently trading higher. It looks like buyers maintain the upper hand as long as NQ stays above 1494. Support @ 1509, 1500, 1481.50, 1473.25 (pivot), 1461 and 1444.50 (pivot). Resistance @ 1528.75, 1546.50, 1566.25 and 1591 (new).