Monday was a narrow-range sideways consolidation day, which is a setup for possible trending move on Tuesday, the direction to be determine by where it trades in relation to its key support/resistance level.
Key S/R Level for Tuesday is 2720.
- Above 2720 implies potential trending move is to the upside, targeting 2760-2770.
- Below 2720 implies a potential trending move is down, targeting 2670-2680