High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
On Tuesday NQ opened lower and traded down to 20,500 support before rallying all day into the close. Upside target remains at 20,900 which it could reach in the morning.
20,900 is key resistance, as such we could see NQ dropping back down to 20,700 after rallying up to it unless it can clearly break above 21,000.
The technical pattern on the 60-minute chart is indicating a sideways market on Wednesday trading between 20,700 support and 20,900 resistance.
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