High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Friday was a very choppy narrow-range day for NQ. With the FOMC meeting this coming week we could see more choppy action until the FOMC announcement on Wednesday.
Key support for NQ going into the FOMC announcement is at 19,400 bullish above it, and bearish below it.
Key resistance is ay 19,750, A sustained break above it can cause a large-range trending up move. If so the next upside target is at 20,100-20,400.
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.
