
Certainly channel resistance is clearer to see for the Nasdaq 100

Semiconductors took a more serious hit, although Thursday's loss wasn't enough to violate former resistance-turned-support.

On the sentiment front there was a bullish breakout (and bearish divergence negation) in the Nasdaq Summation Index; intermediate term picture strengthening on the bull side.

Friday set for a lower open; options expiration day to boot.
Dr. Declan Fallon, Senior Market Technician, Zignals.com the free stock alerts, stock charts, watchlist, multi-currency portfolio manager and strategy builder website. Forex data available too.