High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Thursday after Christmas, with most market participants out of the market we could see light trading volume, and with market swing that will be unpredictable, fast moves or slow moves.
On the 60-minute and 5-minute intraday timeframe both were in very overbought condition which can cause sharp pullback down to releive its overbought condition.
Key support on Thursday will be at 21,800 and resistance at 22,150 - 22,250
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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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