NQ rallied to resistance in the morning and was sold, tanking to a lower low at the end of the day. he equity futures has rallied overnight on Monday night.
Key resistance for NQ on Tuesday will be 7400. If NQ can stay above 7400 we could see an up day tomorrow.
However, we must keep in mind that the daily chart trend is still down in a very strong way. The declining momentum on the daily chart is still very strong.
If NQ 7000 support beaks, we could see another powerful liquidation decline.
