Thursday, November 19, 2015

NQ Guideline For Friday

NQ morning rally bumped into 4675 resistance on Thursday, then decline all afternoon which continued into the close, making Thursday a sideways narrow range consolidation day.

Once consolidation has ended, and as long as consolidation does not clearly break key support zone 4630 in NQ for Friday, rally should resume, next resistance is 4700.

Key inflection price level for NQ on Friday will be 4665, bullish above, bearish below.