On Thursday, NQ traded sideways all day in a very narrow range until the cash market has closed and after most traders had left the office. Then all of a sudden massive buy program designed to influence the market action on Friday hit the futures market, with NQ rallying almost 50 points in a span of fifteen minutes, clearly a manipulated market.
Whether or not the rally is going to continue on Friday, it is difficult to forecast, and we just have to wait for the Friday morning price action, because it is a highly manipulated market.
For Friday key price level for NQ is 6090.
-- Trading above 6090 should keep sellers at bay, thus NQ can continue to rally to the next resistance which is at 6130.
-- Staying below 6090 could attract selling. If so the next support is at 6055.
