Thursday was a consolidation day. I will use
2400 on NQ as Line-in-the-Sand on Friday. If the current consolidation is complete, price would break and stay above 2400 and then trend up targeting 2425-2435 zone.
- Below 2400, I will look for price to drop down to 2384 support and a potential buy zone.
- If 2384 support does not hold, the next supports are 2378, then 2372.
ES Line-in-the-Sand is 1335-1336. - Above 1335-1336 target above Thursday's high
- Below 1335-1336 target first support at 2329-2330
Bulls are still in control.
