High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
NQ rallied in the morning on Monday then spent the rest of the trade trading sideways in a consolidation pattern setting up the next rally leg up after the consolidation has ended.
To do so NQ wold have to stay above key intraday inflection price level, 12,530, on Tuesday.
Breaking back below 12,530 is an indication NQ is either still in consolidation or that NQ is going back down to support, with key intraday support at 12,450 then 12,350
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