The market manipulators tried to trigger a short-covering after the lower than expected CPI number on Wednesday morning, but the gap-up open was immediately sold.
After the midday rally seller came beack in to sell in the afternoon that lasted until the close.
NQ should continue to sell-off on Thursday if it can break below its key support level at 12,930. If 12,930 support can hold we could see NQ bouncing back up to 13,100.
Trading below 12,930 support could tank NQ down to lower support levels at 12,850 then 12,730
