High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
All major indices opened with a huge gap-up following lower than expect inflation number but then traded sideways all day setting up another trending-up day on Wednesday as shorts are forced to cover.
Key intraday line-in-the-sand will be Tuesday's swing low. As long as NQ can stay above Tuesday low we should see another uptrending day or another consolidation day.
The next double-top resistance is 16,250, double-top with July 2023 swing high.
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.
