The stock market continued to stair-step higher on Monday in a very choppy narrow range type of day as there is really no more buyer left, except the Fed themselves pushing the market up ahead of the coming devastating bear market decline.
As long as NQ does not clearly break below support, look for NQ to continue to rally to another higher high on Tuesday
Key support for NQ on Tuesday is now at 6100.
-- If NQ can stay above 6100, look for a choppy rally to higher high , before pulling back down to support or after a pullback down to support.
-- A sustained break below 6100 could trigger some selling, supports are 6085 then 6075. Either support price level can reverse NQ back up again as long as market internals does not get extreme bearish.
