on Thursday, NQ failed to continue its Wednesday's break above the key March swing high, and instead, pullback down quite hard on Thursday, whether it was due to profit-taking or due to heavy deflationary selling it is difficult to say, but without massive buying by the Fed, a break could turn into a false break.
If so, we could see heavy selling should NQ break-back below key support price level, now sitting at 7000 price level on the June contract.
For Friday key price level for NQ is 7170.
- -Bullish above
-- Bearish below, next support is 7000
