A large sell-off day for NQ on Monday, finally broken key support, 18,100 price level, now key resistance on any bounce. As long as 18,100 is not broken-back to the upside selling pressure will continue, with the next support at 17,375 prior swing high from December 2023.
It may take one day or two days to get there if NQ remains below 18,100 as stop-losses for those holding long position get triggers.
On the intraday basis for Tuesday, key inflection price level is at 17,935, bullish above with key resistance at 18,100, then 18,200, bearish below it, next support 17,375.
