NASDAQ tested resistance at 20,000 - 20,100 as traders prepared for the release of FOMC Minutes.

Hang Seng pulled back as traders evaluated the recent stimulus measures and took profits after the strong rally. Traders worry that the recent stimulus package may not be sufficient to provide significant support to Chinese economy.

Hang Seng settled below the previous support at 21,400 - 21,500 and continues to move lower. RSI is in the moderate territory, and there is plenty of room to gain momentum in the near term. A move below the 20,500 level will push Hang Seng towards the nearest support at 19,700 - 19,800.