A choppy sideways trading pattern for NQ on Friday, traded just below prior trading range low 3780-3785 area, prior support now resistance.
3780-3785 area will be key price zone to watch for on Monday, for clues as to the direction of the next move.
-- A clear break above 3785 could trigger a fast sgort-covering rally to 3800 area.
-- If NQ cannot break above 3785, sellers could come back in to sell the market, target down is a break belowJune 12 swing low. Strong support is still at 3740 area.
The next FOMC meeting is this week
