High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
After a sharp rally to retest resistance NQ downtrend continued on Tuesday, making another lower low. It was a very large range from day high to day low.
The current downtrend is still fully intact. However, NQ day low on Tuesday was not too far above the next major support of 13,800, thus could cause a big bounce.
NQ resistance is now 14,035 and support 13,800. a fast downtrend will remain if NQ could not break above 14,035.
A sideways consolidation is likely if NQ can rally above 14,035.
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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.
