Thursday was the second panic short-covering by the short-sellers, and those who got long before the rally is likely to take profit ahear of the long weekend. If so, we could have enough selling to tank the market hard on Friday.
Key price level for NQ going into Friday trading is at 12,050.and key support level is Thursday swing low.
Overnight on Thursday night NQ has traded below Thursday low. If NQ should open below Thursday low on Friday we could see heavy selling activities that could sink the market down to strong support at 11,750-11,800
Looks like President Trump is likely to lose the presidency.
