NQ traded sideways in the morning on Tuesday before dropping down to near Friday's swing low before rallying into the close.
NQ is currently inside a large trading range between 3850 support and 3920 resistance. A clear break out of the 3850 - 3920 range could trigger a strong trending move in the direction of the break.
Price inflection level for Wednesday is 3870
- - Bullish above 3870 with first resistance at 3895 and strong resistance at 3920.
-- Bearish below 3870, with first support at 3850. A clear break below 3850 could trigger momentum algo sell programs than can tank NQ quickly down to 3800.
