NQ opened with a gap-down on Thursday but continue to trade sideways below prior day low, an indication of heavy selling in the market as traders and investors try to get out of their bullish position before a big crash.
Since Friday tends to be a choppy sideways trading price action, we could expected NQ trade sideways. However, if many investors are not willing to take risk over the weekend and instead, bail out of their bullish position we could see another large trending down day on Friday, with key support at 10,700.
