As the US presidential election gets closer, the Fed is going to ramp up their buy programs in order to hold the market up to ensure Clinton's victory.
For NQ, 4800 price level remains a well defended support level, and will be support again on Friday. Resistance remains at 4855, and during a regular trading hours, it would need massive buy programs to clearly break above 4855. Many buy programs tends to be triggered during globex trading hours when volume is low.
Bearish divergence on the daily chart remains intact.
