NQ opened with a gap-down and trend back down to Wednesday's support, only with the closing of the NYSE might have prevented a massive sell-off that could have crashed NQ down through prior day low.
Key inflection price level for NQ on Thursday will be 4370.
-- Trading below 4370 is an indication NQ is still in a strong downtrend and may crash down through double-bottom support. However, it would require a very bearish market conditions for NQ to break below strong support zones at 4325, 4300 and then 4275.
-- Trading back above 4370 would relieve some selling pressure. Resistances are 4400 and then 4440.
Chinese stocks crashes most since 2007 amid "Panic Sentiment"
