Another down day on Friday - the second down day in a row. As long as Friday high is not viloated, the downtrend should continue, the next major support at 3400 for NQ and 1786 for ES
Key inflection price level for Monday is 3455 for NQ and 1812 for ES
-- Trading above inflection price level is an indication the market is going into consolidation mode, but it needs to break above Friday's swing high to trigger a fast short-covering rally.
-- The downtrend continues below inflection price level, next target is 3400 for NQ and 1786 for ES.
