High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
NQ traded sideways again on Thursday, still trading above key support zone between 12,000-12,100. As long a 12,000 support is not clearly violated we could see NQ rallying back up to 12,500, but 12,265 is a strong resistance from prior swing low.
On the 5-minute intraday time frame, key resistance is 12,265, and key support is 12,00-12,050. With Friday tendency to trade sideways, NQ may remain inside the range between 12,000 - 12,300 on Friday.
Key inflection price level is at 12,130.
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.
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.
