High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A very narrow range day on Monday. There is no more momentum left in the current uptrend, as evryone who want to buy has bought.
There was also no sellers, simply because Q is still trading above its 20-dma on the daily chart. This choppy narrow range pattern of treading is going to continue as long as NQ remains above its 20-dma on the daily chart, now at 14930.
Key inflection price level for NQ on Tuesday will again be at 15,100, bullish above, bearish below it.
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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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