A narrow range sideways consolidation day for NQ on Tuesday as most traders are out of the office for the 4th of July holiday, and also the lack of buyers as the world economy continues to slow down, and many are already in recession.
With Monday and Tuesday consolidation days, and with the Fed (doing it for Trump) wanting to see a big rally ahead of the 4th of July holidays, we could see a large up trending day on Wednesday, as long as it stays above key intraday support, which is at 7770
Without many buyers, we could also see another day of choppy narrow-range consolidation day.
