On Thursday, after a huge short-covering rally day on Wednesday NQ traded sideways in a very narrow trading range consolidating the huge rally on Wednesday.
Normally following such a huge rally day the market would need to spend more than one day in consolidation. As such we could see Friday as another narrow range consolidation day, particularly because Friday tends to be a choppy sideways type of day.
Current first resistance is 12,100, this could turned into support if NQ should trade above it after the open on Friday.
Current first intraday support is at 11,870.
