Ahead of President Trump deal deadline with Iran, Tuesday evening, we could see crude oil price staying at elevated level which is bearish for the stock market.
With all major indices setting up a bullish pattern on the daily chart timeframe, as long as crude oil price does not spike, we could se a bullish day for the stock market on Monday.
A spike in crude oil price could cause the stock market to turn bearish.
Key resistance for NQ is 24,300, bullish above it, next resistance is at 24.800, and bearish below it.
