High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A reversal day for NQ on Wednesday. After making a new higher high after the open NQ reversed sharply and then trend down all day with the close at the low of the day.
NQ is likely to continue to stay in a pullback-down mode for another 1 or 2 more day, with downside target at 11,077 key support.
Supports that can stop the decline are at 112,375 and then 11,200.
Key intraday inflection price level is at 11,520, with the next resistance at 11,570.
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