Last Friday was the third up-days in a row for NQ, heading towards a strong resistance zone at 4425-4430 area.Failure to clearly break above could trigger some short-selling and profit-taking that could push NQ back down towards 4380 key support area.
A clear break above 4425-4430 area is an indication NQ is heading towards prior swing high that was established at the beginning of March 2015
To keep the strong uptrend alive, any morning pullback on Monday should stay above 4390 area. Breaking below implies NQ is in a larger pullback mode down to 4480 key support or lower.
S&P 500 Snapshot: Up 1.70% last Week
