Buy programs continued to target NQ in order to create a bullish sentiment in order to postpone the imminent global banking collapse, starting in Europe now that Deutsche bank is again back on the brink of collapse. With its derivative position estimated to be over 50 trillion dollars, there is no government that has the ability bail it out this time around.
In the short run, NQ continue to be in a bullish mode. In fact the buy programs may get more aggressive in the days ahead as it approaches the March 2018 swing high, knowing that a break would love to trigger massive short-covering.
Key support for NQ on Tuesday will be 7090
