Friday is usually a bullish day as short-sellers covers their position for the weekend. For this weekend, with a very large and broad sell-off on Thursday, it is difficult to say whether or not traders will be inclined to cover their short ahead of the weekend.
Key price level to watch on Friday in NQ is 3335.
-- A clear and sustained break above 3335 could trigger short-covering rally, with resistance at 3360.
-- Inability to clearly break above 3335 could attract more selling pressure, with the next support at 2290-2300, but if the market internals get very bearish, the next support - strong support - is 2250.
