After making a higher-high soon after the open on Monday, NQ then pullback down to support 3405 area. NQ then traded sideways until late afternoon before breaking down below support.
Breaking below support trigger some algo selling running over trailing stoploss causing NQ to tank hard. For Tuesday NQ is either going to make a lower-low right away in the morning, or, rally then tank to lower low.
Key price level for Tuesday morning is 3387.50.
-- NQ to rally up to resistance 3400 - 3405.
-- Below 3387.50 implies NQ is going to make a lower low before pulling back up . Next support is 3365.
