As expected, after a large range day on Monday NQ traded in a very narrow-range choppy sideways action on Tuesday. It was also an inside day.
NQ is likely to continue to trade inside Monday's trading range on Wednesday as it traded right in the middle of Monday range all day on Tuesday.
Although anything is possible, it would take a really big move away from Tuesday trading range just to breakout of the range established on Monday.
Key inflection price level for NQ on Wednesday will be at around 11,550 zone..
