Trade Guideline For Monday (Nasdaq NQ)

Last Friday was a trending-down day with a close near the low of the day. For Monday there are three potential patterns.

1. Narrow-range consolidation day with Friday's low as support and 2300 - 2305 as resistance zone.
2. Another wide-range liquidation down day, likely on a sustained decline below Friday's swing low, running over stop-loss.
3. A bullish short-covering up-day on a break above 2300-2305 resistance zone targeting 2315 - 2320 area