With the stock market ready to open and crash on Monday due to Trump's trade war rhetoric, the Fed was ready for massive buy programs that lasted all day on Monday, closing the market at the day high.
The stock market is clearly topping, and unless the Fed is ready for QE4 and lowering of interest rate, the stock market should soon resume its bear market decline that started in October 2018..
On the intraday short term timeframe, key inflection price level for NQ on Tuesday will be 7785.
-- Bullish above, if so, look for sideways pattern or possible rally day.
-- Bearish below with key support at 7750, the breakout level on the daily chart.
