A strong sell-off day for NQ on Tuesday, crashed through 4345 strong support. Stronger support lies at 4320 area. Whether or not 4320 support is going to hold only time will tell, and we just have to see what happens on Wednesday.
Key inflection price level for NQ on Wednesday will be 4345.
-- Trading above 4345 is an indication the sell-off has paused, leading NQ to either a sideways consolidation or a rally.
-- Staying below 4345 is bearish, and could lead to more algo selling, next support is 4320, then a whole series of potential supports, 4300, 4285, 4275, 4250.
