High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Wednesday was a pullback down day for NQ, the second pullback day following a sharp oversold rally last week. It is possible for NQ to have another pullback down day on Thursday, which will be the third pullback down day. To do so NQ would need to stay below 12,650.
NQ support for Thursday will be at 12,450 and resistance at 12,650. A break of either support or resistance should cause a sharp move out of the range.
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