On Monday NQ opened with a gap-up and after briefly running up, it quickly reversed back down, and then trend down all day into the close with the usual end of day profit-taking.
With the closing price at Monday and Tuesday's key inflection price level (4525), the direction of Tuesday's trend will depend on where it trades in relation to 4525.
-- Bullish above, targeting a test of Monday's morning high, potential a lower high re-test.
-- Bearish below 4525,with critical support at 4510. A break below is likely to trigger algo sell programs that can tank NQ quickly down to 4380 area.
