Another consolidation day on Thursday, with NQ staying around 2650 support. It is likely continue to consolidate sideways unless it can breakout of the range, up or down.
Key resistance for Friday is 2675
-- If traders decide to cover their short ahead of the weekend, it could trigger a strong short -covering rally on a break above 2675.
-- Below 2675, it may continue to trade sideways unless we get a big sell program that can push the market below breakdown level, next support is 2600.
