The stock market sold off hard as Trump cancelled his meeting with the North Korean. However, early Thursday morning selloff from resistance was aggressively bought as NQ rally back to close at resistance again.
6960 will continue to be key resistance level for Friday, Whether or not they are able to push NQ above resistance, it is difficult to forecast as deflationary forces continues to weight heavily on the stock market, buying continues to be met by heavy selling at resistance.
Key price level for NQ on Friday will be 6860 support and 6960 resistance.
