A wide-range down day for NQ on Monday, with a close near at the day low which is at the low on Thursday last week, clearly indicating a bearish momentum into the close.
Key Level For Tuesday is 2730.
Without a sustained rally above 2730, NQ is set to tank down hard on Tuesday, with possible opening gap-down and run down (trending-down) day. If so, the next support is 2650, which is a a very strong support level, but a clear breach of that support level could lead to further liquidation decline with next support below at 2585 - 2610.
George Soros shorting the British Pound Again
Shorting the yen has earned George Soros more than $1 billion in profits since November.
Now Soros has set his sights on the second-most-shorted currency in the world - the British pound.
