High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
As expected,following a trending-up day on Wednesday NQ traded sideways on Thursday. On the 60-minute chart, NQ pattern is indicating a deeper pullback down to 21,300 support before trending, likely by next week Monday.
Key price level to0 watch is 21,450, now acting as support. A break below indicated a deeper pullback down to 21,300.
Trading above 21,450, implies sideways consolidation. Trading above Thursday high implies a possible trending-up day.
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.
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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.
