High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
The stock market finally sold-off on Thursday on profit-taking activities ahead of the Jackson Hole speech this weekend by FED Chairman Jerome Powell.
Anything can happen on Friday depending on what the Fed Chairman would say. However, following a trend down day on Thursday wqe could see a sideways consolidation day on Friday.
On the intraday basis, key inflection price level for NQ would be at 19,700, bullish above it, bearish below it. Strong support for NQ is 19,000.
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.
