High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A huge gap-up open above resistance caught many shorts on the wrong side of the trade, as such trigger short-covering activities that lasted all day into the close.
Depending on where it opens in relation to its line-in-the-sane on Tuesday, we could see more rallies or more selling.
Line-in-the-sand for Tuesday will be at 11,430, bullish bias above, bearish bias below.
The information provided here is for education and general informational purposes only and should not be considered an individualized recommendation or personalized investment advice.
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.
