With most traders and investors out of the office for the Christmas holidays on Friday last week the stock market traded sideways in a narrow range.
The narrow range could set up a big move on Tuesday, the direction, upward or downward would depends on where it trades in relation to its intraday key inflection price level, for NQ it will be at 11,070 on Tuesday, bullish above it and bearish below it.
With many traders and investors sill out of the office until next week, we could also continue to see choppy price action for the rest of the week
