High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A huge selloff on Friday for NQ after making a new high. It was a false break which resulted in a sharp reversal.
The market may be making a top. The next key support is the 20-ma on the daily chart, at 18,200 for Monday. A sustained break would be key signal.
For Monday, key inflection price level will be at 18,350, bullish above, with the first resistance at 18,450 and bearish below it, with the first support at 18,100
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