High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Tuesday low of the day was at 20-moving average on the daily chart. On Wednesday NQ opened with a gap-up. Then after closing the gap, rallied with a close at the high of the day.
For Thursday, as long as NQ can stay above 17,800, now key support, NQ would have a bullish bias as such we could see NQ continue to rally with first resistance at prior swing high 18,120.
Trading back below 17,800 is bearish with supports at 17,575, then 17,400 if the market gets very bearish.
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.
