On Thursday NQ continued the decline that started from Wednesday high, NQ day low was a retest of prior consolidation high from January 24 and January 26, and the bounce was large.
Employment reports released at 8.30 am could cause a big move in the market. Where NQ opens will be key to determine the direction of the trend for Friday.
Resistance is again at 15,150 and support is at 14,500. With Friday tendency to be choppy sideways trading action, it is likely that NQ would remain inside the 14,500-15,150 trading range.
