High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A trend-up day for NQ on Monday with the open above price inflection zone which triggered a bullish bias day. It trend up all day into the close.
By the end of the day NQ was in deep overbought zone on the 60-minute and the daily time-frame thus vulnerable to a sharp pullback at any moment.
However, as long as it stays above key inflection price zone on Tuesday (15,590) the bias is to the upside. Breaking below it implies potential sharp drop down to support at 15,460.
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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.
