High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
After trading down for three consecutive day, bouncing off 50-dma support on the daily chart on Wednesday, NQ rallied on Thursday but in a very chppy narrow range mode. A very bearish sign.
Key support is now 11,550 and key resistance at 12,000.. NQ may rally up to 12,000 before dropping back down to support.
Key intraday line-in-the-sand for NQ on Friday will be at 11,700-
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