A pullback down day for NQ on Friday, and a close just below key inflection price level for Monday. Depending on where NQ trades in relation to its key inflection price level, we can either have a rally on Monday or a second pullback down day.
Key inflection price level for Monday is 3585, support is 3545, resistance is 3610
-- Trading above 3585 is bullish for NQ, with resistance at 3610
-- Below 3585 is an indication NQ is still in a pullback down mode, next support is at 3545continue. NQ needs to clearly break below 3545 to cause liquidating margin call selling.
