High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Dovish FOMC meeting announcement on Wednesday with plans to cut interest rates as early as March 2023 caused massive short-covering activities on Wednesday. Short-covering continues after m,market in overnight trading session.
NQ is currently in breakout mode. Short-sellers may have to continue to cover their position and as a result could cause massive spike non-stop rally.that could last for several days.
The next NQ resistance is 17,500
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