NQ opened with a gap-down on Friday and trend down in the morning, then spent the rest of the day consolidating sideways, closing at key price level for Monday, 3530
On Monday, the first move in the morning will depends on where it trades in relation to key price level 3530. It is either a rally up to resistance, and if resistance is not violated, then dropped back down to lower low below Friday swing low. If resistance is clearly broken, it should continue to rally.
If it trades below key inflection price level, then the morning move should be down to supports, 3500 and then 3480
U.S. officials and security
specialists are warning that Russian hackers may respond to new
sanctions by attacking the computer networks of U.S. banks and
other companies. If so, it could cause the market to crash.
