Recent market actions, first, gap-up open continues to be sold, and second, a wide range morning price actions continues to be followed by choppy and narrow range trading action after lunch and into the close.
On NQ daily chart, NQ is still trading above its 20-day moving average, now at 14,050, but it is now not so far away above it. A sustained break below it is going to trigger a large trending move down. 20-dma is a strong support zone, thus, NQ would need to clearly break and stay below it to trigger a selloff.
Intra-day inflection price level is at 15,020 bullish above with first resistance at 15,080, bearish below it, first support at 14,960
