A gap-up and rally day for NQ on Monday. After the morning rally, NQ traded sideways, looking like a topping pattern before pulling back down on Tuesday. There are a couple of possible intraday pattern developing for NQ on Tuesday.
The first potential patterns is for NQ to rally to higher high in the morning and then pulling back down during lunch or in the afternoon.
The second potential intraday pattern for NQ on Tuesday will be for NQ to trade down in the morning soon after the open, then rally during lunch to make a higher high above Monday high.
Pullback downside targets is 9200 - 9150
Congress passed the $3 trillion stimulus bill on Friday, total stimulus since March is $7 trillion dollars
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