Uh jeez, I don't have an opinion
![Smile :) :)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
I try to just blindly follow my system of moving averages whenever possible. but I will take a general stab..
But, it looks like Dow and Nasdaq want to test the lows. So I'm looking for a bounce after the Monday Sell Off....But we have consumer confidence report 10am et and New Home Sales, along with FOMC minutes...There should be some good movement with these reports, maybe negative reaction is possible.
I think NQ and YM will test the 100 moving average, but probably not get much higher.
That's tomorrows forcast...but for the whole week my guess is:
NQ should be able to test last week's highs or hit some nice lows in the 1830 region..I don't ever hold over multiple days, way to risky at this time. These are just general support and resistance levels...and it's just a quick glance at the charts
Anything can go down this week, but I think NQ could inch down. DOW can go into low 11's (well it already is!).