High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
NQ traded sideways inside the range but sold off hard at the end of the in anticipation of a hot CPI to be released on Friday.
Nq has broken below 12,400 key support and close below it. NQ should;d now tank down to the next support level;, 12,000. Will that support level hold, only time will tell. But it looks like the downtrend has resumes after a very shallow pullback rally.
NQ would need to rally back above 12,575 to prevent liquidation decline, and be bullish again.
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