NQ continued to trend down most of the day on Wednesday and finally reversed late in the afternoon. For Thursday, as long as it can stay above key level 2555, it is in consolidation mode, with 2570 are resistance.
A sustained break above 2570 can trigger a short-covering rally, with resistance at 2585, 2590, 2600.
Below 2555 implies a re-test of Wednesday low, target a higher low or a slight lower low. However, a sustained break below Wednesday low can trigger liquidation drop with downside target at 2500.
Upper VA = 2575.50
POC = 2563.50
Lower VA = 2556.50
