After three large consecutive down days, NQ may try to consolidate or bounce on Monday as traders may starts to take some profit.
However, on the daily timeframe, NQ support is not until 6300 thus a failure to bounce on Monday implies NQ is going to go down to its 6300 support before bouncing.
On the short term 5-minute time frame, key inflection price level for NQ on Monday is 6620.
-- Failure to break above 6620 is an indication selling is intense, and NQ is vulnerable to sharp sell-off.
-- Breaking back above 6620 could attract more profit-taking buying, next resistance is 6675.
Trump trade war rhetoric should continue to be bearish for the stock market.
