Another sideways choppy consolidation day on Tuesday, but it looks ready to make a move out of the current trading range 3710 - 3740. The direction of the break will depends on price in relation to key price levels.
Key resistance for Wednesday is 3740 and key support is 3710.
-- Without a clear and sustained break out of the range, NQ is going to stay choppy inside the current 3710 to 3740 trading range
-- Breaking above 3740 resistance implies a trending up move.
-- A clear break below 3710 support implies a fast drop down to 3670 support.
