The daily trend is Up and Friday was no exception with the NQ continuing to make a higher high. The uptrend should continue as long as pullback does not break below key support level.
In nasdaq NQ, trailing stop-loss for the buyers are now mostly below 3050, hence as long as pullbacks do not clearly break below 3050 the market should continue to make a higher high.
Trading below 3050 could trigger some stop-losses taking price down to supports at 3040, 3020 and strong support at 3000.
