With most traders back at the office on Monday we should be able to see a return to normal trading activities. The battle between the Central Banks buying trying to support a fast collapsing global credit which is threatening to collapse the markets including the stock market, should continue to dominate.
Key price levels for NQ on Monday is 4200 support.
-- Above 4200 is an indication last week sell-off has paused, and that NQ either trade sideways or rally, resistance is 4250.
-- Below 4200, look for NQ to continue to liquidate, next major support is 4100.
