Another sideways price action for NQ on Thursday ahead of the long 4th of July weekend holidays.With the Fed determined to keep the market up for the long weekend, if the Fed has their way, look for the market to remain in a choppy sideways action. However, caution is warranted as the upcoming Greek's Sunday referendum has the potential to wreck havoc on the market.
Key price level for NQ on Friday will remains at 4400 - support and 4440 as resistance.
-- NQ would remains in a neutral mode above 4400, resistance is at 4440 and 4460.
-- Bearish below 4400 and could trigger major algo sell programs that could tank the market.
The market remains in overvaluation territory
