Another sideways choppy day for NQ on Friday, even after the released of the employment report. Unless NQ can get pushed out of the current trading range between 4280 as key breakdown support level and 4325 as key breakout resistance level, the choppy narrow-range trading pattern should continue.
Inflection price level for NQ on Monday is 4315
-- Bullish above, with key resistance at 4325. Without a sustained break above 4325, any breakout could cause a reversal back down to support.
-- Bearish below 4215, with first support at 4300. A clear break below 4300 could trigger algo sell programs, next support, which is a key support is 4280
