NQ opened with a gap-up above 25,000 key resistance on Monday. As such it triggered a short-covering rally that too NQ back up to its resent high,25,390.
The market looks bearish in overnight trading, with Bitcoin and other cryptos sellign off hard.. If the weakness continues into the open we could see sharp sell-off in the equity market.
Key price level for NQ is 25,275, bullish above and bearisg below it, with for support at 25,000.