High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
On Tuesday, NQ was engineered to open above prior day high, to trigger short-covering and push NQ back into the bullish zone.
With the close at the day high on Tuesday, it kept NQ in the bullish zone. However, the close was also in overbought zone, vulnerable to a shar pullback before rallying up again.
NQ would need to clearly break below Tuesday low during a pullback decline move to cause a reversal, from uptrend to a downtrend.
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