Trade Guideline For Monday (Nasdaq NQ)

Friday was a non-trending consolidation day. For Monday I will use 2345 as my key Line-in-the-Sand, with 2360 as resistance and 2335 as support.

• Bullish above 2345 with 2360 as the first upside target. However, a sustained break above 2360 could trigger a short-covering rally that could take price up to 2380.
• Bearish below 2345, with a decline target of 2335. A sustained break below 2335 could cause a long-covering decline down to 2315 - 2320 area.