NQ Guideline for Friday

With most traders out of the office on Friday for the long 4th of July weekend holiday, it will be left to the Fed to hold or push the market up.

 

With the announcement by both the Bank of England and the European Central Bank of more QE on the way, which should push the market higher, many shorts may begin to cover, which should also help push the stock market higher.

 

The Fed and other central banks may soon announces their own QE plan.