NQ traded sideways inside the prior three days trading range (3067 - 3100) on Tuesday with the close right in the middle of the range. Unless it can clearly break out of the range, NQ will continue to trade inside the range.
However, having traded for four consecutive days inside the range NQ may be ready to breakout on Wednesday, the direction is likely to the downside. To so, it has to clearly break below the range low 3067.
A sustained break above 3100 implies breakout is to the upside.
