NQ Daily Trend = DOWN, and in Pullback-up Mode
NQ 60-minute Trend = DOWN, and in Pullback-up Mode
NQ 5-minute Trend = UP, in overbought condition
Thursday was day 3 pullback, and the pullback rally continued on Thursday. Tomorrow will be day 4 pullback and close at key inflection price zone on the daily chart and the 60-minute chart. As such, we could see either another rally-up day on Friday, or consolidation sideways day as is usually the type of day on Friday, or a resumption of the downtrend which started on August 01.
Key price level for NQ on Friday will be 7720.
-- Bullish above it, next strong resistance is 7800.
-- Bearish below it first support is 7625, then 7550
