A coordinated buying binge by major central backs to push the equity market up eventually succeed after the European stock market has closed. Buy programs is likely yo continue on Tuesday with the next resistance for NQ at around 4600.
For the rally to continue NQ has to stay above 4550. Failure to stay above 4550 implies either sideways consolidation or a resumption of the recent sell-off, with key support at Monday's swing low.
VIX must be crushed to levitate stocks because the terrorists can’t be allowed to win.
