High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A choppy and narrow-range sideways trading action on Monday following a large up-trending day on Friday.
Tuesday could be a resumption of uptrend if NQ can trade and stay above 50-ma on the 5-minute chart. As of the close on Monday the 50-ma on the 5-minute chart is at 15,100, which will be key line-in-the-sand for NQ on Tuesday
If NQ should trade back below 50-ma on the 5-minute chart on Tuesday morning, it implies NQ consolidation is still in progress.
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.
