A sideways trading action for NQ on Friday. It was the normal Friday trading pattern, downtrend in the morning, then reverse to uptrend in the afternoon.
Friday was the third pullback down day, which means that if the current uptrend is in fact still in progress we should see a sharp rally day on Monday.
If, on the other hand, we get another down day on Monday, it is an indication that the current rally that started on the fifteen of March, has likely ended, and indication the downtrend has started.
Key intraday inflection price level for NQ on Monday will be at 14,785, bullish above it with the next resistance at 14,970, and bearish below it with the next support at 14,670
