A large opening gap-up and trend up for NQ on Thursday morning the continue into early afternoon and early afternoon before reaching its upside target and then pullback down.
It looks like the pullback down is not complete with its downside target at around 19,900 support, which may be a strong support for NQ on Friday. If so we can see NQ trading range-bound with 19,900 support and 20,150 as resistance.
A sustained break above Thursday swing his is an indication short-covering is still in progress, If so we can see another trending up day on Friday.
Bearish on a break below 19,900
