NQ traded sideways all day on Tuesday, stuck between 4545 support and 4575 resistance, setting up for the next strong move away from the range, the direction depends on where it trades in relation to the 4545-4575 range.
Currently both the 60-minute time-frame and the daily chart time-frame are in a sell mode, likely to trigger a down day on Wednesday, but with a highly manipulated and a very active Fed buyers, anything is possible.
-- Bullish above 4575, with the next resistance at 4600
-- NQ is bearish below 4545, next lower support is at 4520 then 4500.
A clear break out of the range is likely to trigger a fast move to the next resistance or support
A summary of Fed Projection
