NQ traded sideways in a very narrow range on Tuesday as investors wait for the FOMC policy decision announcement on Wednesday.
Whatever the Fed decides on Wednesday the Fed is certain to trigger buy programs to keep the market up. Whether or not they will be successful depends on the amount of capital they are prepared to spend on Wednesday compares to how much selling activities occurring after the announcement
Key inflection price level for Wednesday remains at 5990, Bullish above, bearish below
