NQ traded sideways on Friday, trading between 14,020 support and 14,120 resistance. For Monday 14,020-14,120 trading range is key level, bullish above, bearish below it.
ES and YM daily chart are very bearish, with the S&P 500 having broken below its uptrend line and below 50-ma daily on Friday. S&P 500 is setting up a potential sharp sell-off, with key line-in-the-sand for daily chart at 4160. Below 4160, it can cascade down very sharply.
The Dow YM is at slight oversold as of Friday, may have a small bounce. However, a small oversold could still get a sharp sell-off on Monday.
