High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A large opening gap-down for NQ on Thursday. After the initial swings down, then up, NQ traded sideways into the close. The low of the day was at 20-dma on the daily chart.
NQ remained inside the consolidation zone on the daily chart, 13,400 support and 13,800. The sideways pattern should continue until NQ can breakout above 13,800 or breakdown to below 13,400
Key intra-day inflection price line for N on Friday will be at 13,660, bullish above it, bearish below it.
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