A trending up day for NQ on Friday as the shorts got squeezed. It was a very large up-trending day on Friday, so we could expect a sideways consolidation day on Monday.
Key inflection price level for NQ on Monday will be at 11,550-11,585, with first support at 11,485, and resistance at 11,700.
If NQ should first, rally in the morning we could see afternoon selloff, or if NQ should first, pullback down to support in the morning we could then see NQ rally to higher high above Friday high before selling off in the afternoon.
