High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
The bear market continues with NQ making another lower low. The decline is starting to slow down simply because the market is in a very oversold condition on the daily timeframe.
As such the market may either get a sharp and quick quick counter trend bounce or crash as buyers gave up their longs and bail by selling their position to get out of bad trades.
Key intraday inflection price level for NQ on Tuesday will be at 11,000, bullish above, first resistance is at 11,150, and bearish below it.
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.
