After trading sideways for 1.5 hours after the open on Monday, buy programs were finally able to push the market higher, with NQ breaking above key resistance of 4503, and stay above 4503 into the close, setting up a potential gap-up and trend-up day on Tuesday, as long as it stays above key support 4503.
Key support price level for NQ on Tuesday will be 4503.
-- Trading above 4503 is an indication that NQ is still in an uptrend without pulling back.
-- Trading below 4503 implies NQ is going into a pullback-down mode, supports are 4480 then 4460.
