News from China that the Chinese companies, Deepseek) may be over-taking the United States in AI technology triggered massive selloff in US tech companies , causing massive market meltdown.
This might be the beginning of the end of capital inflow into the US and the starts of international capital outflow, which will be devastating for the United States.
For NQ, key price level to watch on Tuesday will be at 21,300, bullish above, bearish below it. It is possible that investors may be waiting for the FOMC policy decision release on Wednesday befor making a big decision. If so we could see NQ rallying back up again.
