A large gap-up open for NQ on Friday. Although it rallied all day long NQ remained below 4440 key resistance level, which will continue to be key resistance price level on Monday.
Greek debt relief negotiations with the European is going to continue to influence the market and can cause unpredictable choppiness in the market, but key resistance for Monday will be 4440 and key support at 4400.Higher resistance is 4470, and lower supports is 4375
-- Failure to trade above 4440 could attract short seller back into the market with key support price level at 4400.
-- A break above 4440 could cause a short-covering rally.
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