A huge opening gap-down on Friday but was aggressively bought. The market then rallied but sold off again in the afternoon.
The market was way overbought on the daily chart, thus ready to reverse back down.
The assassination of top Iranian General by the Trump administration could trigger a selloff un stock because war in the middle east will cause oil price to spike thus bad for the stock market. We could see stock market crash.
Key intraday price level for NQ on Monday is 8800
-- Below 8800 we could see the market sold off
-- NQ should stabilize above 8800.
