Trade Guideline for Friday (NQ)

Following a massive sell-off on Wednesday the market consolidated all day on Thursday. Depending on where NQ opens on Friday in relation to key inflection level 2300, it could rally in the morning up to 2320 or 2340 then sell-off in the afternoon, or sell-off in the morning then rally into the close.

European debt crisis will continue to dominate the financial news, the focus is now on Italy.