NQ traded sideways all day just below the 200-moving average on the 5-minute chart. With Friday's tendency to be choppy, we could see the same pattern again, choppy sideways.
Key balance price level for NQ on Friday will again be the 200-ma on the 5-minute chart, now sitting at 7060 as of Thursday's close.
-- Trading below 7060 is bearish, NQ may continue to trade sideways just below 7060.
-- Above 7060 is bullish for NQ but it is also likely to trade sideways just above it, with resistance at 7100
NQ would need to open below Thursday low to cause it to tank hard. If so, the next support is at 6935, the 20-dma on the daily chart.
