Massive central banks liquidity injection directed to the equity market continued to cause stock market melt up on Thursday. However, the market makers may want to take the market down due to options expiration on Friday. As such we could see the market pulling back down on Friday.
Key inflection price level for NQ on Friday will be 9440.
-- Trading below 9440 at the open on Friday is an indication NQ is going to trade lower down to the next lower support, 9400, then 9370.
-- Opening above 9440 on Friday implies a rally to higher high before reversing back down towards supports 9400
On Friday the market tends to trade in a sideways trading range pattern
