High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A sideways price action for NQ on Tuesday following an up-trending day on Monday and ahead of the FOMC decision on Wednesday.
The market has priced in a 0.25% rate cut on Wednesday. Unless there is a surprise we should not see much change in the market sentiment.
On the daily chart, NQ is in overbought territory thus vulnerable to a sharp sell-off.
Key intraday inflection price zone for Wednesday will be at 22,300 (March contract), bullish above, bearish below it.
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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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