High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Another large down day for NQ on Friday. The next major support for a potential multiday bounce is at 16,700, previous swing high from July 19, 2023, 200-dma and oversold zone.
However, should that support be broken without a pause, selling could lead to a big 1000-points day crash as those holding long get forced liquidation.
If Monday is a bounce or consolidation day potential resistance is at 17, 500.
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