NQ rally resumed on its third pullback day, that is on Thursday. The short-covering rally was very strong as the short-sellers were forced t cover..The rally should continue with the next upside target at 13,500-13,550
NQ has now broken above its key resistance level of 12,800. which should serve as Fridays's key support level on any pullback down move.
As long as NQ does not violate 12,800 on Friday, NQ rally should;d continue with the next resistance at 13,000 and then at 13,500-13,550
Trading below 12,800 implies a sideways trading action, with lower support at 12,650
