On the daily timeframe, NQ is still firmly in an uptrend, but has been in a pullback down mode since Wednesday last week, dropping down to just above strong support zone courtesy of its prior consolidation high, the zone staring from 6830 down to 6800.
NQ dropped down to just above 6830 support at Friday low before rallying up on Friday, and close at key résistance level located at around 6910, which will be key line-in-the-sand for NQ on Monday.
-- If NQ can remains above 6910 no Monday, and then push higher, or gap-up above 6910 and stay above 6910, we could see a short-covering rally, with resistance zone between 6980-7000.
-- Should NQ trade below 6910 on Monday it could trigger some selling that could tank NQ down to support zone between 6830 to 6800.
