NQ quickly rallied above resistance on Monday morning, then stayed above resistance, triggering a short-covering rally that lasted all day.
The daily trend for NQ is currently up, with the next target at 3200, with the larger target at 3250 but whether or not it will rally up to 3200 right away in the morning will depend on where it opens and trades soon after open.
Key level for NQ on Tuesday is 3165.
-- Above 2165 will target a move up to 3200.
-- Below 3165 implies NQ is going to consolidate, with support at 3150
The US ongoing plan to strike Syria will greatly influence market movements on Tuesday as Obama is scheduled to give his speech on at 9 PM eastern. What he will say is going to rally or tank the market.
