High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Thursday was a down day for NQ. The selling is continuing into the overnight trading session. It has broken below key support 20,900.
If NQ should open below 20,900 we could see NQ quickly dropping down to the next support zone at 19,685-20,700. That is a strong support and NQ is likely to bounce off it and trade sideways
If 20,685-20,700 support zone is violated and NQ clearly break below it, we could see a fast decline.
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The investment strategies mentioned here may not be suitable for everyone. Each trader or investor needs to review an investment and trading strategy for his or her own particular situation before making any investment and trading decision.
All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.
Examples provided are for illustrative educational (or "informational") purposes only and not intended to be reflective of results you can expect to achieve.
