NQ opened with a gap-up and then pushes up to above prior swing high before profit-taking and selling tanked NQ back down. It was a bearish day, reversal day for NQ on Friday.
Failure to stay above prior swing high afyter breaking above it is bearish, thus the selling should continue into Monday, as long as NQ does not break back above Friday swing high.
Key inflection price level for NQ on Monday will be at 17,960, bullish above with first resistance at 18,100, and bearish below it with first support at 17,900 but it should go down to 17,800.second and stronger support that could stall or reverse the decline.
