NQ traded sideways on Friday with the close just below key line-in-the-sand for Monday, 8990, setting up a resumption of the current uptrend, or a continual pullback down to lower support level.
Depending on where NQ opens on Monday in relation to its LIS, NQ could either go back up to another higher high if the open is above 8990, if so, the next upside target is 9090,
or continue to pullback down to lower level if the open is below LIS. If this is the case, the next strong support at 8900
Repo problem is still the main problem facing the global financial market going forward.
