High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A big rally for the stock market on Friday as the Fed Powell was very dovish, ready to aggressively cut short term rate in September, perhaps by 50 basis point.
If the rally can continue on Monday/next week, we could see capitulation by the shorts. If so we can get a parabolic rally that could last for several weeks.
For NQ, key price inflection level is at 23,500, bullish above it but less bullish below it.
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.
