High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Tuesday was a trend up-day following a consolidation day on Monday. Wednesday could be a consolidation day following Tuesday trend-up day.
Key price level to watch for on Wednesday will be the double-top resistance at 15,475. A break should trigger another round of short-covering, with the next upside target at 15,800.
A failure to break above it is an indication that NQ may just trade sideways before breaking above it.
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.
