High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A narrow range sideways trading pattern for NQ on Tuesday as it bounced off oversold market condition on its six down days in a row..
If NQ could stay above support of 11,100, we should see some profit-taking bounce that may be just trading sideways or a rally day.
Key price level for NQ on Wednesday will be 11,100 support and 11,220 as resistance (11,100-11,220 price range)
A sustained breakout out of the range, up or down, could trigger sharp moves out of the range.
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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.
