NQ continued to trade sideways inside a narrow range on Friday, key support at 15,790 and resistance at 16,100.
On the 60-minute chart, NQ looks ready to rally back up to test 16,100 resistance, but on the daily chart NQ seems ready to drop back down to retest 15,790 support.
On the 5-minute chart key inflection price level is at 15,975, bullish above, bearish below it.
NQ needs to breakout of the 15,790-16,100 to trend again.
The big new now is gold breaking out above all time high. Short squeeze is imminets, upside target is 1,500 and could get there is a very short time.
