High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
After a large down trending day on Wednesday, Thursday was a sideways consolidation type of day, with early morning margin selling followed by a reversal back up.
Friday is often a sideways consolidation day, so we could expected NQ to trade between support at around 12,300 and resistant at around 12,480-12,500.
As always, look for unexpected market moving new that can cause NQ to trend, down or up, with key line-in-the-sand at 12,500
Potential trading range 12,300 - 12500
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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.
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Examples provided are for illustrative educational (or "informational") purposes only and not intended to be reflective of results you can expect to achieve.
