High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Another down day for NQ on Friday, the 4th consecutive down day, very uncommon occurrence, and it is an indication the sell-off is very intense.
The sell-off can continue for 7 to 8 consecutive days before a bounce, or we could see a one to three days bounce starting tomorrow before tanking down again.
Key intraday inflection price level for NQ on Monday will be at 11,325, with first resistance at 11,400 and first support at 11,200.
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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.
