A very large down day for NQ on Wednesday. A large down day like Wednesday's is often followed by another lower low (see the decline in early September 2020 as a possible template), either,
1. In the morning with a gap-down open or a run-down after open, or
2. After a pullback-up rally in the morning. and then if the pullback failed to break above key resistance, which for tomorrow is at 13,200. we would then see the downtrend resumes to lower low.
After a lower low it tends to consolidate and trade sideways .
The next downside target is 12,2300-12,400 strong support zone. Resistances are 13,200, then 13,400
