High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
After retesting 12,050 resistance on Friday NQ traded down on Monday breaking below 11,08 support and staying below support until the close on Monday.
Key line-in-the-sand for NQ on Tuesday will be at 11,850, prior support now resistance.
If NQ remains below 11,850 on Tuesday it is likely to continue to drop lower with the next lower support at 11,700
11,700 is a strong support level. However, if it gets violated, the next lower support is 11,400.
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.
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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.
