A huge gap-up open for NQ on Thursday. The buy programs seems to become very active at night when the trading volume is very low and the market is easy to manipulate..
The stock market is getting pushed higher in anticipation of the agreement on the debt ceiling which needs to be done the 1st of June. The terms of the debt ceiling agreement is going to determine whether or not the rally is going to continue a bit longer, or would the stock market collapse immediately. Anything is possible.
Intraday inflection price level for NQ on Friday is at 14,000. Its Friday as such we could expect a choppy sideways type of day.
