A large gap-up opening for the US equity market on Monday with NQ opening over 300 points above Friday's close.
With the Fed expecting to cut inetrest rate by 0.25 basis point on Wednesday and a trade deal announcement between Trump (US) and Xi (China) on Thursday we could see massive short-covering rally this week, with normal upside target at 26,600, and higher if NQ overshoot to the upside.
Key support for NQ is now at 25,400, bullish above it, and bearish below it.