High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
Tuesday low was at major support on the daily chart, the 50-day moving average. Overnight on Wednesday night NQ has rallied back up, indicating a bullish day on Thursday.
If so, NQ would have to stay above 21,300, key intraday inflection price level for NQ. As long as NQ remains above 21,300 on Thursday NQ would be in a bullish mode, rally target is 21,700.
Bearish below 21,300 with strong support at 20,900-21,000
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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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Examples provided are for illustrative educational (or "informational") purposes only and not intended to be reflective of results you can expect to achieve.
