A very narrow range choppy day on Monday for NQ, a pause day after two days of non-stop uptrend. Whether it will lead to another uptrend day on Tuesday or a pullback down day, will depends on where NQ trades in relation to its key support/resistance level.
Key support/resistance price level for Tuesday is 3430.
-- Above 3430 is an indication NQ is going for another uptrending short-covering day, with the next upside target at 3450.
-- Below 3430 implies a pullback down day, with support at 3415 and 3400.
