High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A third pullback-p rally day for NQ on Friday. NQ opened with a gap-up above Thursday haigh which then for the short to cover and cause NQ to rally all day on Friday.
The next resistance for NQ is 12,900. NQ may want to rally to 12,900 resistance before dropping back down.
What direction would NQ trade on Monday would depend on where it trades in relation to its intraday inflection point, which for Monday will be at 12,650. NQ will have a bullish bias above 12,650 and bearish bias below it.
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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.
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Examples provided are for illustrative educational (or "informational") purposes only and not intended to be reflective of results you can expect to achieve.
