Last week's Wednesday's trend reversal, on the appointment of ultra-money printer Janet Yelling as the new Fed Chairman, continued into Friday.
It may be ready to go into a pullback-down mode on Monday, but where it opens will determine whether we will get the pullback in the morning or in the afternoon.
Key level For Monday = 3225
-- Above 3225 implies NQ is still going up before pulling back down. Next target up is a break above prior swing high 3250
-- Below 3225 is an indication NQ is going to a pullback-down move before going up again. Key support on any pullback is 3200
Traders will be watching October 17 debt default deadline.
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