High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
On Thursday NQ traded sideways above support then followed by a huge afternoon rally. NQ is now stuck between support at 14,250 and resistance at 14,725. Until it breaks out of the range, we could continue to see sideways price action.
With Friday tendency to be choppy and sideways trading action, NQ would need to break out of the 14,250-14,725 trading range to trend.
Key intraday inflection price level for NQ on Friday will be at 14,520, resistance is at 14,725 and support at 14,300.
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