High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
After a huge sell-off on Thursday, Friday was a profit-taking bounce, the high as at 18,400 which is a key resistance.
On Monday, key price levels will be 18,250 as support and 18,400 as resistance. A break out of the zone, especially if NQ can trade above 18,400 we can see a big rally back up to 18,600-18,700 zone.
Trading back below 18,250 is bearish, with the next key support at 18,000. If NQ should clearly trade below 18,000 the next major support is not untiil 18,380.
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.
