NQ sold off hard on Wednesday after not being able to break above strong resistance from a combination of its 200-day moving average on the daily chart and prior swing low from November 15-24, 2024 now resistance.
It is possible to have another downtrending day again on Thursday if NQ can break below key support 20,000.
If 20,000 should hold on Thursday we could see choppy sideways consolidation action on Thursday.