Strong bullish momentum returns to the Nasdaq and S&P 500, yet key resistance levels demand a balanced trading strategy for Thursday. Watch for potential bull traps near highs or buying opportunities on deep pullbacks.
Markets show strong bullish momentum, but traders should watch key resistance and range levels. The strategy for Thursday includes selling potential bull traps near highs or buying deep pullbacks and breakout-pullback setups as the Nasdaq (QQQ) and S&P rotate within a trading range.
Comments
Log in or sign up to join the conversation.