Trade Guideline for Tuesday (NQ)

Monday was a very narrow range consolidation day following three wide-range up days in a row. Tuesday is either another consolidation day, a pullback down day or a wide-range up day. The key as to what type of day it is going to be depends on the opening price action.

I will use 2275 as key level for bull-bear bias.

• Above 2275 implies a potentially bullish day, targeting 2385, then 2400
• Below 2275 implies possible pullback bearish day targeting a pullback down to 2357, then 2348