With 2810 resistance still solidly intact, NQ rallied and failed, then tank hard down through 2780 support but failed to stay below support. Profit-taking helped Nasdaq rally into the close.
Key level for Tuesday is 2790.
-- Failure to stay above 2790 implies a quick tank down to the next support at 2755. It would take a very bearish market condition to break below 2755 support.
-- Above 2790 implies a re-test of 2810 resistance. It would take a very bullish market condition to break above 2810.
Events in Cyprus should continue to influence the market on Tuesday
