The NASDAQ carved out an inside day on lower volume which is not surprising after yesterday's rally and with everyone waiting for jobs data at the end of the week. All major tech sectors were in the red. Losses were contained to less than 1% with the $COMPQ down by just 0.44%. However, the late day pullback left the market with a somewhat weaker bias. That said, I'd like to see support for the QQQQ hold at $42.50 and reverse (second pivot point level $42.25) .Economic data for tomorrow: Initial Claims at 8:30.
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