High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
NQ traded sideways on Tuesday between resistance at 12,800 and support at 12,500, a 300 points trading range. At the end of the day the range had narrowed to 12,600-12,800.
Key trading range for Wednesday will be between 12,600 support and 12,800 resistance. A break below 12,600 could cause a sharp selling, especially if NQ should break below 12,500.
Staying above 12,600 is likely to keep NQ in the trading range, 12,600-12,800.
The information provided here is for education and general informational purposes only and should not be considered an individualized recommendation or personalized investment advice.
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.
All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.
Examples provided are for illustrative educational (or "informational") purposes only and not intended to be reflective of results you can expect to achieve.
