The stock market was manipulated higher while everyone was away. As a result, stop-losses were ran-over and trigger which help propel the stock market higher last week on Tuesday, Thursday and Friday..
With most market participants back on Monday we could see either more short-covering if the stock market remains at its current level or move higher, or sell-off if it breaches certain price level.
With the stock market in very overbought zone on most time-frames as a result of last week very low volume rally we could see sharp selling if the stock market cannot maintain its current price level or move higher.
For NQ, its intraday inflection price level is at 20,610, bullish above it and bearish below it, with key support at 20,370
