After a brief pullback down to support soon after the open on Friday NQ rallied all day up to strong resistance 4850 by the end of the day.
On Monday 5850-5855 price zone is a strong resistance zone. A sustained break could trigger more algorithm buy but a failure to break above could attract some selling. If so, first support is 5820 then 5805.
With so many stop-loss sitting above 5855, the Fed buy programs may want to target those stop-loss, and the best way to do it will be to trigger a gap-up open on Monday, thus where NQ opens on Monday will provide an important clue.
