High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A large down day for NQ on Monday. With the low of the day nearing support, the 20-ma on the daily chart, 19,540, we could see NQ consolidating its trend down day.
If so NQ could rally up to the key inflection price level, 19,825. If that is violated to the iupside, the next rally target is at 19,925 - 19,965.
If NQ should trade below Monday swing low, the next support is the 20-ma on the daily chart, 19,540.
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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.
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Examples provided are for illustrative educational (or "informational") purposes only and not intended to be reflective of results you can expect to achieve.
