The market rallied on Monday with NQ being the most bullish among the major indices, and the Dow and Russell 2000 lagging behind..
Key Line-in-the-Sand for NQ on Tuesday will be at 10080.
-- As long as NQ remains above 10080 we could see another higher high above the recent high of June the 10th.
-- If NQ should starts to trade below 10080 we could see a quick drop down to 200-ma on the 5-minute chart.
The 200-ma is usually very a very strong support on the decline down to it. However should that break clearly we could see a sharp selling on a pullback up to it.
