ECB's failure to deliver as promised cause the market to sell-off overnight, resulting in a large gap-down open on Thursday.
It looked like the Fed must have triggered a massive multiple buy programs to push the market up. However, the buy programs did not seems to attract any buying, hence when the buy program ended, the sell-off resumed, taking the market back down to the opening low.
Key Level for Friday is 2612.
-- Above 2612 implies continual pullback up, target 2625, 2635
-- Below 2612 implies a re-test of Thursday's low
