Trade Guideline for Friday (NQ)

A very bearish opening on Thursday was reversed with NQ closing near its day high. For Friday key resistance is 2255, key support is 2235. If end of day bullish momentum is going to continue on Friday price should push through key resistance. Failure to break above and/or stay above key resistance may trigger some selling that can take price down below key support.

• Above 2255 is bullish, may trigger short-covering that can push price up to 2290 - 2300.
• Bearish below 2235, targeting a move down to test key support 2200.