NQ Guideline For Tuesday

NQ traded sideways in a choppy consolidation pattern on Friday, then followed by a holiday Monday, so there was no trading on Monday.

A narrow range sideways pattern on Friday was a setup for a large move away from the balance price level, 7320. The direction of the move will depends on where NQ trades in relation to its key intraday inflection price level, which for Tuesday will be 7320.

-- Trading above 7320 could trigger some intraday short-covering rally, with upside target of 7400.
-- Trading back below 7320 is very bearish and could attract selling. If the selling should break below Thursday low, 7270, we could see liquidation selling as stop-loss gets hit.