High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
As expected, NQ traded sideways on Friday. NQ should continue to trade sideways until it breaks out of the current trading range between 13,000 to 13,300, and then stay out or the range on a break, triggering more buying or selling depending on where it breaks out to.
I still expect the breakout to be to the downside. Key support is 13,000.
On the intraday timeframe, key price level for NQ on Monday will be at 13,120 resistance and 13,056 support.
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