NQ opened with a huge gap-down on Tuesday down to key support, then bounce back up to close then gap before trading sideways the rest of the day.
On Wednesday I am looking for another lower low below Tuesday. If so, NQ needs to breaks below 13,100 and then stay below 13,100. Remaining inside the range from 13,100 to 13,380 implies choppy sideways trading pattern.
Below 13,100 implies potential liquidation selling, next downside target is at 12,400
On Wednesday, key price level to watch for is 13,100 support and 13,380 resistance.
