High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Following two large down day last week Thursday and Friday, Monday was a sideways consolidation day.
There is a 50/50 chance that NQ would trade sideways again on Tuesday. Key resistance is 14,400. NQ is bearish below 14,400 and bullish above it, and may cause some short-covering above 14,400 with the next resistance at 14,500.
Intraday line-in-the-sand is 14,250 area, bullish above it, bearish below it
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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.
