High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Another sideways consolidation day for NQ on Wednesday, again with morning rally and afternoon decline.
NQ is consolidating just below the high from August, either setting up for massive breakout above the high, 15,590 price level, or a sharp reversal back down.
Key level to use as a gauge of trend diection is 15,590 resistance and 15,480 support, a breakout on a sustained break above 15,590 and a fast reversal on a sustained break below 15,480. with lower support at 15,300
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