NQ opened above prior day high and the consolidated inside a narrow trading range above prior day high, a narrow range sideways day. On Tuesday NQ should continue to rally higher, or drop back down, and it will depend on where it trades in relation to its intraday line-in-the-sand.
Key LIS for NQ on Tuesday will be 8820.
-- Bullish above it, next upside target is 8975-9000,
-- Bearish below it, first support is the 200-ma on the 5-minute chart, 8740 as of Monday close.
FOMC meeting this week may keep the market choppy until FOMC announcement on Wednesday
