High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Another breakout day for NQ on Tuesday. From the low on January 29, it has now rallied 5-waves up. It can still continue higher, until wave 5 ends. Many wave 5 rally ends with a gap-up then reverse back down, such as the price action on January 25.
Key line-in-the-sand for NQ on Monday morning will be at 13,480, bullish above it with 13,600 as possible resistance.
Bearish below it with 13,300 as possible target down.
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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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