High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
NQ opened with a huge gap-up on Tuesday but failed to attract any buyers. It quickly dropped down to support and then traded sideways, setting up a potential down day on Wednesday if NQ should break below its 200-ma on the 5-minute chart.
It is can stay above the 200-ma on the 5-min chart on Wednesday we could see NQ either rally back up again or si8mplky trade sideways.
Key intraday line-in-the-sand for NQ on Wednesday will be at 13,800.
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.
