High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
NQ traded sideways on Friday, the usual Friday pattern, trading between support and resistance.
Key indicator to watch for on Monday will be the 10-year treasury yield of 1.50% and NQ price level of 12,950.
If 10-year treasury yield can stay below 1.50% and NQ can trade above 12,950, we should see NQ rallying up to 13,200 as first upside target.
Below 12,950, we could see another down day for NQ, especially if we see a spike of the 10-year treasury rate above 1.50%.
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.
