High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A narrow range down day for NQ on Tuesday with a close just above key support, 17,500.
Overnight NQ has dropped below 17,500 key support, If NQ opens below 15,500 on Wednesday we could see a large drop as traders who are still long the marker get their stop-losses run-over.
The next support is 17,400 but strong support zone is not until 17,050 to 17,150, the 1:1 downside target on the daily chart is 17,050
NQ would need to trade back above 17,600 to get bullish again.
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