High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
NQ bounced off from above strong support on Thursday and then close near the high of the day, below strong resistance at 16,050, which will become key inflection price level for NQ on Fridat.
Above 16,050 is bullish and if it vcan stay above 165,050 we could see a short-covering rally that can push NQ up to 16,350 - 16,425 strong resistance.
Staying below 16,050 is bearish, support is at 15,600-15,700
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.
