High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
On Thursday NQ opened with a gap-up and then sold off right away. NQ is currently in a very overbought condition on longer term timeframe, daily and weekly chart.
Key support for NQ remains at 15,475 prior swing high from June 16, 2023. Until that support is broken. NQ could continue to trade sideways above it.
A sustained break below it will tank NQ hard. The next key lower support is at 14,840, with some minor support at 15,000-15,150.
Friday tend sto be a sideways day.
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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.
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