High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Chart pattern on the daily chart is very bullish. As such NQ could still continue to trend up on Tuesday.
On the 5-minute chart, NQ seems ready to consolidate and trend down to support before going back up again.
However, key to Tuesday trading ia where NQ would trade soon after the open on Thursday, in relation to its inflection price level, which on Tuesday will be at 16,940, bullish above it, and implies more down move to support, 16,850 before bouncing back up.
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.
