Trade Guideline for Friday (NQ)

On Thursday the market opened gap-up then ran-up in the morning before consolidating then selling-off at the end of the day.

Key inflection point for Friday is 2435, resistance 2450, support 2420.

• Above 2435 implies the next upleg is in progress targeting 2450.
• Below 2435 implies NQ is still in a pullback mode, with first support at 2420, then 2400.

European debt crisis continues to dominate the financial news.