A pullback down day on Thursday. A clear break below 3780 for NQ in the afternoon triggered algorithm selling running over stoploss bt late day buying pushed NQ back up to retest its morning low, closing just below previous trading range support, now will act as resistance.
Key price zone for Friday is 3780 area.
-- As long as NQ stays below 3780 it is either going to trade sideways or down on Friday.
-- A sustained break above 3780 is an indication NQ is going to re-test the preious trading range resistance at 3805.
