Trade Guideline for Tuesday (NQ)

Monday was a second down-day on the daily chart. For Tuesday I will use 2310 as key Line-in-the-Sand

• If there is a follow-through decline on Tuesday price should drop and tank below 2310. If so the next downside target is 2300 then 2290.
• However, above 2310 implies the market may trigger a short-covering rally targeting 2340 with 2330 as potential resistance level that can cause a pullback.