The stock market crashed on Friday after Trump threatened China with a 100% tariff . It seems over the weekend Trump has capitulated and was forced to say nice things about China in order to avoind Black Monday tomorrow.
For NQ, Friday low as not far above prior swing high now key support, 24,000.. NQ would need to break back above its all-time swing high inorder to negate the current tchnical damage cause by Fridays selloff
Key resistance for NQ on Monday will be at 25,000, bullish above, bearish below it.
With so may traders and investors out of the market, those knocked out of their positions, we could see wild swing on Monday.
