High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
On Friday NQ opened with a huge gap-up which forced the shorts to cover, triggering a sharp rally in the morning. Once amny of the shorts had covered their positions, NQ simply traded sideways nto the close.
On Monday, NQ either breakout above strong resistance 13,800, and trend up if the shorts decide to cover, or pullback down and trade sideways with first support at 13,700 and the second support at 13,600.
Key intraday inflection price level is at 13,760.
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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.
