High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
After opening with a gap-up on Tuesday which forced some shorts to cover, after a brief short-covering rally in the early morning, NQ traded sideways to down to close right in the middle of the day range, a neutral close.
On Tuesday the chances of more rally or a selloff is about equal. Key price level to watch for is 11,600, bullish above it, and bearish below it.
Key support at 11,400, which has the potential to cause a bounce. If 11,400 support does not hold we could see more heavy selling.
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.
