The NASDAQ futures rose drastically during the session on Tuesday as the 2600 level continues offer a buffer for the buyers to get involved. It appears that we are currently consolidating between 2620 700, and as such we think that short-term range bound trading will be the way to go in the near-term.
It cannot be ignored that the US Presidential elections were during the session, and as such we could have a breakout. If that happens, it is quite simple: we will follow whichever direction the market goes. A breakout to the upside has as buying, why breakout to the downside has a selling aggressively.