High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A very slow and very choppy rally for NQ on Monday as some short sellers were forced to cover. NQ remains inside a choppy trading range between 21,000 support and 21,550 resistance.
NQ has the potential to rocket up big if it can break above and stay above 21,550 resistance and force more shorts to cover.
Key intraday price level for NQ on Monday will be at 21,550 resistance, bullish above it, and 21,450 support, bearish below it, but its still within a choppy sideways trading range.
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.
