-- NQ Daily Trend is still up but now as inflection price zone.
-- NQ 60-minute rend is down but now a5t critical support.
-- NQ 5-minute trend is down
NQ traded sideways inside a narrow trading range on Monday, still holding above critical support at 7800, a price level that needs to hold. Key resistance is at 7870
A break below 7800 is likely to trigger heavy selling by the daily algos with potential support a 7750
A break above 7870 could trigger some short-covering rally.
