On Monday NQ opened with a gap-down to support, then rallies most of the morning and early afternoon before trending back down into the close.
It was a pullback-down day for NQ on the daily chart. On the 5-minute intraday chart, it was a clear A-B-C wave pattern.
If the pullback was completed, we would then see a break above 12,940 on Tuesday followed by a break above 13,015. If so, we could see a trending up rally on Tuesday or another day of sideways pattern.
Key intraday line-in-the-sand for NQ on Tuesday will be 12,940
