High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
NQ rallied again on Thursday, the last trading day before Christmas. It has rallied to just 100 points below key resistance of 16,460.
16,450 will ke a very critical resistance. A sustained break could trigger massive short-covering rally if NQ can break and stay above 16,450.
Failure to break above 16,450 could send NQ back down to critical support of 16,050. A sustained break below 16,050 could tank NQ abck down to 15,500 support zone
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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.
