After opening with a huge gap-up on Monday followed by a small rally breaking above 5900 resistance, NQ then traded sideways in a very narrow range, as it was not able to break above 5925 resistance, which will be Tuesday's key resistance.
Above 5925 the next resistance 5940. With many sellers waiting at 5940-4950 resistance zone, the Fed would need to trigger massive buy programs if they are going to overwhelm the sellers and rally the stock market higher.
Key support on Tuesday will be 5900. Breaking below could trigger some selling.
