Nasdaq broke below key 2620 support soon after the open on Thursday but quickly rallied back up above, closing just above 2620 support.
For Friday, support is 2600.
-- A break below 2600 could trigger another round of liquidation sell-off.
-- Above 2600 implies more consolidation. A sustained break above 2640 could trigger a round of short-covering rally, with next resistance at 2660, 2680 and 2690
Fiscal Cliff discussions should continue to dominate the financial news and the market..
