Guideline For Friday -- NQ

Another sideways consolidation day, strong decline in the morning then reverse and rally for the rest of the day. Friday is usually a sideways choppy day, so the pattern may continue on Friday. 

If so, look for a gap-up open in the morning as a result of the Fed overnight buy programs, then it gets sold off right after open as traders take advantage of a gap-up open to exit their long overnight position. 

A gap-down open, however would have the opposite pattern.