A large down day for NQ on Friday. It was unusual for Friday but it could be a sign indicating how bearish the market is.
NQ has now mostly traded inside a consolidation zone between 13,250 support and 13,750 resistance for four days. Whether or not NQ will breakout of the range 13,250-13,750 before the FOMC releases their plan on Wednesday only time will tell. 13,250 support and 13,750 resistance remains key levels for trading NQ on Monday.
For intraday trading, key intraday inflection price level for NQ will be at 13,500, bullish above with forst resistance at 13,750 and bearish below it with key support at 13.250
