High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A pullback consolidation day for NQ on Tuesday after breaking out above key resistance price level of 16,450.
NQ needs to proceed to rally higher on Wednesday to avoid a false-breakout situation above 16,450. Failure to rally on Wednesday would increase the likelihood of a break-back below 16,450 and cause a fast and sharp decline.
Key pricxe level for NQ on Wednesday will be at 16,450, now acting as key support level.
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