As expected, without any new buyers or news shorts that has to cover, it was another slow and choppy rally day for NQ on Monday. The pattern should continue until after we get a large pullback down move in the market.
The daily chart and the 60-minute chart timeframe remains bullish and in a buy mode
Key support for NQ on Tuesday will again be 4400, with inflection price level at 4410.
-- As long as 4400 remains intact, the uptrend should continue, target a break above Monday swing high.
-- Bearish below 4400 but it needs major catalyst to trigger major sell algos.
