Trade Guideline for Friday (NQ)

Thursday was a narrow-range consolidation day, with the close near the middle of the day range. Inflection level for Friday is 2490.

• Above 2490 implies consolidation is complete and the next upleg is on its way targeting a re-test of Thursday swing high or higher-high.
• Below 2490 implies consolidation is still underway and the next leg down is in progress targeting a declien down to 2480.