Again, another down day for NQ on Friday. Friday low was just above June low. The algos are now more determine to crash NQ below June low just to run-over stop=losses.
If they are successful, we could see sharp crash below June low. Whether or not NQ would trade sideways from June low double-bottom support, we just have to wait to see. But NQ is going to crasdh down below June low, with or without first consolidating above it.
On the intraday basis, key inflection price level for NQ on Monday will be at 11,400, with first resistance at 11,500 and first support at 11,250
