NQ Guideline For Friday

With most traders and investors away from their trading desk for the Thanksgiving holidays and as the only major trader in the market is the Fed algo buying machine, unless the impact of the OPEC decision is negatively overwhelming, the uptrend should continue.

The market is currently in deep overbought conditions and could be vulnerable to unexpected sharp sell-off. However, until we see some evidence of a sell-off, look to stay on the buy side.