/NQ & QQQ both hit their first price targets (bottom of the 60-minute bearish rising wedge patterns/uptrend lines) in the pre-market session followed by the expected reaction. With the FOMC announcement tomorrow at 2 pm, the $NDX is likely to grind around until then & quite likely until after the Thurs PM trio of big tech earnings (AMZN, AAPL, & GOOGL).
NQ 60m Jan 31st
QQQ 60m Jan 31st