A narrow-range sideways consolidation day for NQ on Monday following three consecutive trending up day
If consolidation has ended we should see a trending up day on Tuesday. If so, the next upside target is 20,800-20,850. To do so NQ would need to stay above key line in the sand for Tuesday, 20,640 area.
Ideally, NQ wound open with a gap-up above Monday swing high and then push higher inorder to force the shorts top cover and trigger buy programs.
If NQ should trade below 230,640, key support is at 20,550.
