Another narrow-range down day for NQ on Thursday. With NQ in deep overbought territory it would requires a massive Fed buy programs to push the market higher without first a larger pullback.
The employment reports to be released before the market open on Friday could provide an excuse to move the market higher or lower.
Key inflection price level for NQ on Friday will be 4700.
-- Bullish above 4700, with the next upside target will a break above 4730 swing high.
-- Bearish below 4700, with the next support coming in around 4670.
