High-Probability Large-Profit Trading Strategies for trading stocks, etf, forex, futures, options, commodities, etc.
A huge sell-off for the financial market on Thursday as problems with liquidity started to surface. As such we can expect potential crash on Friday if things get out of hand.
For NQ, key support is 24,000. A clear break below will target 22,000-22,400 as the next major support. A drop of 2,000 would not be very surprising
If NQ can stay above 24,000 there is a chance of a snapback rally as profit-taking shorts covers before the weekend,. If so resistances are 25,000 and 25,400
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.
