After a brief early morning counter-trend rally into resistance, NQ reversed and trend down into support in an ABC wave pattern. Late afternoon rally pushed the closing price into the middle of the range, setting up a a neutral close.
On Tuesday, depending on where NQ trades in relation to its price inflection level, 4090, we would see either a re-test or a break of Monday's high or low. If there is a break, a possible trend out of the range in the direction of the break, or a reversal after a break.
Key Resistance is 4105
Key Support is 4075
