Super bullish week for indices except NDX. Continuation for the coming week is expected, isn’t it? However, we have important resistance just above.
3 possible scenarios: 1) As long as 3951-61.9 resistance zone holds, look for shorts targeting 3841-71 support zone. This zone should hold for a next leg up, to 4033. 2) We have a fast rally from open to 4033-61 resistance zone, by Tuesday or Wednesday, where we see a sharp rejection for a strong move down to 3871. 3) SOMEHOW (I can’t see any trigger except NDX weakness), we open in Globex and sell off start, target 3791 before a bounce to 3841-71 and further selling to 3739