A sideways trading action for NQ on Friday, downtrend in the morning, then rally during midday and then trend back down in the afternoon into the close.
NQ has been trading for the last three day above strong support, and it is time for NQ to either crash down below support on Monday or NQ would rally sharply as the shorts exit their shorts and reverse to long, thus likely cause a very strong rally back up into resistance zone.
On Monday key intraday line-in-the-sand for NQ will be at 14,400, bullish above it with resistances at 14,650 and 14,750, and bearish below it.with supports at 14.270, then 14,170 then 13,800
