High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
NQ traded sideways in a very narrow range On Wednesday. It did not breakout of the trading range even after the FOMC announcement. Now that the trading range has narrowed, it should not take much for NQ to breakout of it and then trend out.
Key trading range for NQ going forward is at 13,880 support and 13,960 resistance (13,880-13,960)
A breakout to the upside above 13,960 with first resistance at 14,040, and a breakout to the downside below 13,880 with supports at 13,700-13,750
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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.
