Since the only buyers left are the FED proxy buyers, the choppy narrow-range trading condition should continue until we have a larger pullback, and we cannot get any larger pullback unless the market can break below support and trigger some stoploss selling.
Inflection price zone for Wednesday is 3795 for NQ.
-- Trading above 3795 has a bullish bias, an indication that NQ may continue to rally in a very slow choppy way.
-- Trading below 3795 implies a potential pullback, and the next support is 3775.
Negative Interest Rate Policy (NIRP) is a back-door QE by the ECB
