High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
I have been saying that NQ rally on the daily time-frame has been losing momentum. On Tuesday NQ finally had a pullback down move.
However, since its still trading above its key 20-ma daily, the bigger players are still in buy mode. NQ needs to break below 20-ma daily to trigger a big sell-off. Keep an eye on the 20-ma daily, now at 14,940
For Wednesday, key inflection price level for NQ will be at 15,040, first resistance at 15,100, first support at 14,940
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