High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
NQ traded sideways in a narrow trading range on Wednesday following a large trend day on Tuesday. At the end of the day NQ looks ready to sell-off but it was not able to break down below support.
For Thursday We could see NQ selling off to lower support is it can break key intraday support at 15,900. If so the next lower support is at 15,860
Bullish above 15,900 but with NQ on overbought condition on the daily chart and on the 60-minute chart, we could see sideways action on Thursday.
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