A large down-day for NQ on Thursday morning, then consolidated the rest of the afternoon, with a close just below key level.
For Friday, key level in the morning is 3205.
-- Above 3205 implies NQ is still in a pullback mode, target 1:1 up is 3220.
-- Bearish below 3205, with first target down is a re-test of Thursday's swing low, with the next support at 3180.
-- A sustained break below 3180 could trigger a liquidation decline, with algo selling potentially going into full force with next support at 3140.
