After an early morning rally on Thursday last week, the market sold off hard starting at lunch time and then continues all day into the close. NQ broke below key support 5360 near the closing bell and then closed below 4360.
For Monday NQ would need to break back above 5360 broken support to keep selling algorithm at bay. If so NQ could rally back up to 5400 before selling come back in to overwhelm buyers.
Remaining below 5360 on Monday could trigger another round of selling. If so the next support zone is 5300-5315.
