After a trending down day for NQ on Monday, NQ consolidated and trade sideways on Tuesday, down in the morning, then rally during lunch and then down again in the afternoon into the close.
NQ closed in the middle of the day range on Tuesday, a neutral close, awaiting the CPI reports on Wednesday. A reports that could move NQ to the next level, upward or downward.
Key level to watch on Wednesday will be at 12,150 support and 12,550 resistance. If NQ should break out of the 12,150-12,550 range, look for either a trending break (up or down), or a fast false-break reversal
