NQ broke out above double-top resistance 15,465 on Friday. As such, stoplosses and buy programs were triggered causing large trend-up day on Friday.
NQ may need to have intraday pullback to breakout supports at 15,465 before rocketing back up again, or it may just trend up again right away on Monday if enough short-seller panic and cover.
Key price level to watch for on Monday will be at Friday's low. As long as pullback down move stays above Friday low the breakout price moves should continue, next upside target is above another double-to resistance at 15,825
War in the middle east can change market sentiments without warning.
