High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
NQ was choppy in the morning on Monday as the bulls and bears fight for dominance. At the end of the day the bulls won as NQ closed above key line-in-the-sand of 16,450.
Going forward, 16,450 will be key support level, with key level to break in order top trigger short-covering is 16,600. A sustained break above i16,450 ill be very bullish and could trigger all day short-covering rally..
Breaking back below 16,450 is bearish
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