Massive liquidity injection by the Fed continued to push the stock market higher on Thursday and we should continue to see higher high on Friday.
The stock market tends to trade sideways on Friday, with massive liquidity injection, we should see NQ making another higher high then reverses back down towards support.
Key inflection price level for NQ on Friday will be at 9620.
-- Trading above 9620 in the morning implies a higher high in the morning then reverse back down to support, 9620 then 9600
-- Trading below 9620 in the morning implies a pullback down to 9600 support before trending back up to another higher high above Thursday swing high.
If 9600 support should break we should see more selling, with the next lower support at 9450.
