A large gap-down open on Monday and after a brief rally, sold off hard all day long and closed near the low of the day, setting up another sell-off day or a consolidation day depending on where NQ trades in relation to key price level on Tuesday
For Tuesday key price level for NQ will be Monday's low 4368.
-- Trading below 4368 could attract another round of liquidation decline with support at 4330, 4300, then 4275.
-- Trading above Monday's swing low is an indication that the decline may have paused and that NQ may be going into a pullback mode. If so, the first resistance is 4400 then 4420.
