-- NQ daily trend = down, in pullback-up mode
-- NQ 60-minute trend = up
-- NQ 5-minute trend = up
On Thursday NQ opened with a huge gap-up above key resistance but again failed to trigger any buying activities. Insiders is using the engineered rally and gap-up to download their portfolio ahead of the bear market. As such, NQ simply trade sideways all day Thursday.
NQ could continue to trade sideways on Friday, with key resistance now at 7770, and key support at 7650.
Inflection price level for Friday will be 7715.
