High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
On Monday NQ opened with a huge gap-up. After a brief rally, reversed and trend down all day, down to support at 18,200, which is key inflection price level for Tuesday.
Bullish above 18,200 with resistance at 18,400. Bearish below it, with first support at 18,000, which it should break.
A clear and sustained break below 18,000 is an indication the pullback will be larger that usual, with the next support at around 17,400, December 2023 swing high, now support.
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.
