High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Following a massive rally on Friday NQ traded sideways in a consolidation pattern on Monday.
If the rally is going to continue without a 2 to 3 days pullback NQ should rally again on Tuesday. To do so, NQ would need top trade back above 17,500 and pushes higher.
Failure to break back above 17,500 is an indication NQ is going into a 2 to 3 days of pullback before resuming its uptrend.
Again, key price level to watch on Tuesday will be at 17,500, bullish above it, bearish below 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.
