NQ made a slight higher high above Friday swing high but it then traded sideways after it failed to break above upper trendline resistance at 15,250. A sideways consolidation is a setup up for the next thrust higher.
Key price level to break on Tuesday is 15,250. A break could generate another round of buying activities that could go on for another three day with the next upside target above its daily chart double-top resistance at 15,475. likely target at 15,.800 before pulling back down for two to three days.
Key news to watch for, that can instantly change the future price trend is the war between Israel and the Palestinian as to its impact on crude oil price.
