High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A huge opening gap-up and trend up on Wednesday. Overnight NQ has continued to rally higher, setting a likely gap-up and trend-up in the morning but reverse at lunch or in the afternoon.
Resistance is at 21,550-21,600.
There is a potentially bullish setup on the daily chart that could trigger a further 700 to 1,000 point rally within a few days, and it could happen ahead of next week Monday Trump inauguration.
Key support is now at 21,300. Bullish above it and bearish below iy.
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.
All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.
Examples provided are for illustrative educational (or "informational") purposes only and not intended to be reflective of results you can expect to achieve.
