After a strong Fed driven rally on Friday the market pullback down on Monday, a narrow range down day, with NQ dropping down to 4495 support. There was no follow-through buying on Monday.
Key price level for NQ on Monday will be 4495.
-- Trading below 4495 could drops NQ down to the next support level 4470. If 4475 support can hold then we can see buyers coming in to buy, if not, we may see some more liquidation drop to the next support of 4440.
-- Trading above 4495 implies current pullback has ended, an indication NQ rally is resuming to the next upside target of 4600.
Crude Oil is getting sold ahead of OPEC Doha meeting
