High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
NQ continued to trade sideways inside a trading range between 12,400 support and 13,000 resistance. It will continue to do so until it can break out of the range, either up or down.
A sustained breakout of the range would likely to cause a trending day, in the direction of the break.
Intraday inflection price level for NQ on Wednesday will be at 12,650, bullish above it with first resistance at 12,800, and bearish below it with first support at 12,400
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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.
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.
