After making a higher high by mid-December 2017 NQ drifted lower into the end of the year, finally breaking below key breakout price level, 6435 on Friday, the last trading day of 2017, triggering a massive algorithm selling program.
With the first two trading day of the new year tending to be bullish, failure to do so sets up a bearish January and February as investors takes profit.
On Tuesday, unless NQ can break back above 6435, selling should continue, and the next strong support is not until 6345.
