NQ opened with a very large gap-down to support (4000) on Monday then promptly rallied, trapping shorts who covered in panic that help NQ rocketed up to close the gap very quickly before pulling back down and chop around inside a narrow trading range between 4025 and 4050, setting up a potential fast move -- upward above 4050, or fast move down on a break below 4025.
Resistance above 4050 is 4075 and 4100
Support below 4025 is 4000 then 3980. Should 3980 clearly get broken, NQ could go into a free-fall.
