High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A sideways price action for NQ on Thursday. NQ opened with a gap-down but then rallied back up. On the daily chart, it looks like NQ is setting up for a big dump, but with Friday tendency to trade sideways we could see NQ next leg down may have to wait until Monday next week
On the intraday timeframe, support is 15,130, and resistance is 15,300. Unless NQ can break out of the 15,130 support and 15,300 resistance, NQ should just trade inside the range.
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.
