After trading down all day breaking below Wednesday's swing low NQ rallied sharply into the close on the back of Amazon's earning reports. If it can sustained the end of day rally and break up above 4635 NQ could trigger a short-covering rally that could propel it up to test the recent high. Resistances are at 4655, 4670 and then 4687.
Failure to rally and stay above 4655 could trigger short-selling that should tank NQ back down towards the 4600 support.
NQ would need to break below Thursday low to trigger another round of sell programs, next lower support is prior resistance now support at 4555, and it should be a very strong support zone.
