High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A huge gap-down open for NQ on Tuesday. It looks like the stock market has topped but it will trade up and down around the high for a wile before finally dropping down and trend down.
As we can see from the daily chart NQ has been trading trendless between 18,000 support and 18,600 resistance. And as long as NQ can stay above 18,000 the sideways trendless and choppy price action is going to continue.
Om Wednesday intradey support is at 18,300 and resistance at 18,400
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.
