On Monday,a fter rallying up to key resistance soon after the open, NQ reversed down and tank hard breaking several support zones before stalling at 4260 support.
Late afternoon NQ rallied back up to broken key support 4280 now key resistance, which will be NQ key price inflection level on Tuesday.
-- Above 4280 is an indication NQ is going back up, next resistance 4300. A break through 4300 target 4325 resistance.
-- Staying below 4280 could attract short-sellers back. If so, NQ should re-test Monday's swing low. A clear break below Monday low could trigger another round of algo sell programs.
