A very narrow and choppy consolidation type of day for NQ on Monday, setting up a larger up trending day on Tuesday or a down day depending on where NQ trades in relation to its inflection price level.
For Tuesday key inflection price level for NQ is 7930.
-- Bullish above it, , an indication it is going to rally, next resistance zones are 8000 to 8500.
-- Should NQ trade Back below 7930 we could see some selling with strong support again at 7840.
On the daily chart, key support level is 7800. As long as NQ continues to trade above 7800, buyers are still in control.
