The market continued to go higher on Thursday as the shorts continued to cover following the agreement on the debt ceiling issue. The shorts should continue to cover on Friday as the bulls are currently in charge, so NQ should continue to go higher, with or without a pullback, as long as it does not violate key level.
Key Level For NQ on Friday is 3290.
-- Above 3290 is an indication that the current uptrend is still in progress and the next target up is 3350.
-- Below 3290 implies NQ is in a pullback mode down, support at 3275
