Long

NQ Weekly Range (03-06-23)

Aggiornato

NAZ with another U Turn near a Danger Zone. Push Pull price action ended (Thursday), the O/N lift pumps the NAZ pre Friday Open and the BTD/FOMO's step in. Break out from the Diablo TL (the NAZ may retest). I will provide a weekly forecast with limited daily updates until my member/private daily (intraday) service is running. How to play the week: White border box levels are high probability targets, Green lines at value area tops/bottoms, Yellow are KL's targets/opposite direction trades (after confirm), White Strong Long (after confirm). General look Long above 12250 1st and 140 2nd, Short below/near 12700. Yellow arrow is expected range. Chart below will show the typical point movement above/below Diablo (Orange TL).

Note: For those that follow, after 3 years and 500 Daily TV Post's, I will be ending the Daily Forecast & Intraday free service. I am moving to a private service that will use TradingView Charts, including my IDS Indicators. Message me if you have interest. I will continue some weekly post's through the end of March or until new program is ready. Thanks for following and all your support.

Commento

IDS250, Drop/Pop to 12150-00 may be in the works.

Commento

IDS250, Red lines are TLX's (very reliable reversing targets or targets). NAZ is still is downtrend or may drop some prior to next move higher.

Commento

Falling Bridge update 300 point range.

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Review my 3/1 post, this full move played out on 3/3. The 500 point (3/2 low) move was a set up from 12140. This would make it a 200 point net gain, look for 12140 to be retested when/if 12240 retest does not hold.

Commento

Open Range 12300-12425

Commento

So far the initial drop near KL 12273 moved to TLX 12321 and above, retested TLX and now trying for KL 12425. NAZ is balanced in price and 12360 to 12320 seems to be solid VA Value Area, Expect a Pull Back to mid VA prior or during Open.

Commento

Watch the Channel movement. Or fall out of channel.

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Mid Open Range call, Play range. Balanced day so sideways. Push Pull needs to show up for strong short call.

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Back later, limited calls.

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12425 HIT, may see pull back to 12400 -380.

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12465, Ticks turning negative. Watch for push pull and trail Long.

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12465 did PB to 12380. Look for lift back up some.

Commento

380 retest failure will go to 340

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420 then 470 should 340 hold. 380 - 340 retesting now.

Commento

NAZ back at 12340 and above TLX. Drop test.

Commento

Monday was a balanced day. The stall and Tick change at 12465 will be retested. 12250 should be next support.

Commento

NAZ could not hold in the channel, will use KL's for next few days.

Commento

Washington Street to step in with words to boost the markets back up. Many new followers in past few weeks, so let me explain. The two boxes are Gov't Issued news events (fed day, CPI) that provided all the lift during the period. The follow days after just aimlessly go sideway to lower. Powell talk for 2 days and say whatever, the typical result is a bounce - then drop. The only curveball is the 2 day pop (could be drop offset to Powell Drop?) that lifted the NAZ and yesterday rejection. Anyway, today should stay between 12250 - 12450, at anytime we may see a move in either direction out of this range. The fact that the O/N did not prop is not good for the upside as most of the gains are developed through O/N props prior to the Open Session.

Commento

The best indicator lately is with IDS or range bar charts you can see the push/pull price action show up. This came in yesterday near 12465 and stayed into the close. Do not go Long if you see it after a stalled/failed rally. I was expecting a pop near 12340-80 and since 380 rejected in O/N, the lift may be off/limited. Depends if we see push/pull in regular session.

Commento

TLX Holding, Drop today and Thursday was Technical bounce with Friday a Short Covering Rally and Monday a Rollover.

Commento

12250 hit

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12170 next

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Got 180 back 250

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stay Short under 250

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250 hit

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250 retest

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TLX then drop

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TLX -250 should be range

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TlX Rejection

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In Range is Strong Short at no Pass of TLX

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Drop seems orderly with limited Push/Pull. P/P needs to get violent for a big drop. Powell just needs to say something like "good inflation" and this will fly up. This could be tomorrow. Above low is next clue and Dead Zone is upward bias.

Commento

Recent TLX rejection is Strong Short test and may try for 12140, weekly low and strong Long.

Commento

12170 Hit

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12210 retest, above 140

Commento

Above 12130 you could try long to 210 and 250. No hit of 130 is signal.

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Getting near a Long trade Zone, look for move back up near 130-100. May be tomorrow or O/N.

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12140 Hit.

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12130-00 may be level to watch.

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KL's for tomorrow and O/N

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Updated O/N Range and KL's for tomorrow 1210 - 1900, Diablo is back in play. Below 12030

Commento

Helpful note: Use a intraday color code for session times. Mark 1st 30m, 9:30 - 12 Chicago CT and final hour. You will notice that the Dead Zone 9:30-12 the NAZ will travel in a range and test for next move. The O/N is similar. Both of these may/will confuse/trick you into changing you direction. 1 way days also have slow to strange DZ's. Today's DZ did provide some points to trade but did set up the Strong Short after trying for the TLX a 2nd time.

Commento

My colors are below, I break out the 1st 30 into 2 15m, DZ, close and O/N.

Commento

Tuesday O/N 1st moves, 1 will play then target 2nd arrow.

Commento

That did work out well, look Long today above 12140 or weekly low forecasted range. May update some later, if I can. Will be in and out of office today.

Commento

Open Range today, 12140 will be retested. New follower's, take profit at targets and reload. The only way to play this index.

Commento

12150 retested, may try for 12180-85, no pass look short.

Commento

12150 retest hit 185, range is 12220 to 12150, needs to break out.

Commento

1st move may be to 12240 should NAZ stay above 12160

Commento

12100 Long entry mentioned yesterday and 160 above did get to 12220, closing Longs.
Will reload on Pull Backs.

Commento

PB to 210 and 170 is likely.

Commento

210 hit

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Play DZ Range.

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12170 hit

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12150 1st target, 12110 2nd

Commento

Careful on Long DZ with typical final move higher, may drop. 160 did pop. Long above high and Short below. 12294 target high

Commento

DZ will try and clean out stops and then redirect. Drop to 160 was Long stop clean out and doing it again.

Commento

Inside Open range 1st 30M, 12130 is likely by EOD. Back Later.

Commento

DZ Whipsaw, no real change/high sine 1st 2 minutes of Open.

Commento

180 is POC, I posted this pre Open and bottom may be hit. 12160, mentioned above is Long. I did not think that it would look like a flat edge, kind of strange how it is holding. Feel break blow will drop to 12075.

Commento

Range now is 12110 - 12230, NAZ will try for one of these.

Commento

100 point range day, next move will be a big one. Most likely in next day or so.

Commento

NAZ hit and closed at 12230, O/N will prop, lower range is 12110 should a pass above 12230 fail. Most likely the NAZ will stay above 12110 and head up until Friday morning.

Commento

Look 1st for PB to 12180, then 110. last 2 days may be a sideways MOP up for a Long Run Up. No PB, then O/N Prop Magic is all over it.

Commento

PB to 12180 has retested for pop back up. Looking for O/N Prop rally into tomorrow. 12110 would be next add with stop 30 back. Should see pop at EU Open, this is how it is usually done. Only trade if you can loose the Stop on this as I just going with a pattern trade or wild hair out of my (you know what). Will check in the morning. You should have the points to spare on this, need to do these from time to time.

Commento

NAZ will try for 12295 or 12125 next. Kind of how it works. May hit 12125 then bounce up or hit 12295 then drop to 12125.

Commento

12140 held and w on 30M, should go back to 12210

Commento

12160 is KL for NAZ to stay above.

Commento

The idea of a Long is based on the Turd move yesterday. All buying and no selling. This was a Prop Drop Offset to counter this move. NAZ has held at 12140-60 and seems that it is being held up, just should of dropped by now. Or, it is going to seriously tank.

Commento

Range for Open and KL's

Commento

12210 Hit

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NAZ got to 12275, near Long target of 294. Expect some pull back and the O/N high may be the high of the day.

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12290 hit, watch drop here

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may see 170 retest under 12290, Look Long and wait for DZ Prop action to continue.

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TLX Hit

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12420 is doable, go back to my statement about O/N inti Friday.

Commento

Take Profit on Long at 12320 and above for now. 320 should be stop on Long, may see PB to 290

Commento

Today a PB may not return back up so easily. Back later, Out for rest of morning.

Commento

12290 PB, may go to 240 next.

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12350 - 12240 is range.

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Heavy Push/Pull, may see quick drop if Ticks stay negative.

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12245 Hit

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12280 retest for Long or Short at rejection.

Commento

12280 retest from 240, needs to stay above.

Commento

12280 rejected, range is 240-280

Commento

240-280 is a battle between 2 value area levels, move out will be big.

Commento

Below 12108 is outside day reversal, may see this by EOD.

Commento

Just a wicked day. Now under Bottom 1st 30M.

Commento

Near PB at 12170, mentioned earlier, May Bounce here.

Commento

Crazy but go back to O/N play of 294 or 110, mentioned that whichever was hit 1st would try the other. That may be playing out here. If 12110 does get hit, look for a bounce.

Commento

Its a Flash Crash!!

Commento

12110 HIT

Commento

Try a Long at 12075 and above. 50 point stop. This could be drop test prior to move back up, I have seen these before. Worth a try and only if you have points to loose.

Commento

12075 retest.

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No lift, at all.

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In weekly Forecast in Strong Long Zone.

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Stopped.

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11964 may hold.

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Was a Flash Crash, good to see this and a Hold is a Buy.

Commento

Long at 11996, 50 stop

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Adding Long at 12000

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Just games

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Dropping half at 12025

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12075 is target

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Got back stop hit.

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Stop at 12020 and Break even. Will let run into O/N Prop Magic.

Commento

So Orange Line is Strong Long at Hold and Strong Short Under. Stopped at 12020.

Commento

Outside Day Reversal, will update tomorrow. Tons of Failed Auctions above that will needs to be retested.

Commento

KL's for O/N and Friday. Shaded are Failed Auction Zones and are reliable as targets and retest zones.

Commento

Yellow Line is recent Prop Base, expect it to hold and supply a U Turn. The Danger Zone is below and that will be defended.

Commento

You can see that the O/N is usually very different than Open on down days in Open. May see the same tomorrow. May see drop in O/N pre Open with in DZ and lift near EOD. Highly doubt we see same way PA, that would be just crazy.

Commento

NQ1 and current Contract is way off with pricing, KL's will not match. FYI.

Commento

Updated KL's Current Contract

Commento

NQ1 is off 100 points. Current contract hit 11930 (White line) and Diablo (Orange TL) in forecast/post. We had a 80 point 30 minute bounce at 1am CT off 11920. I will be surprised if the NAZ goes lower today and stays lower, I am just expecting the typical U Turn away from the Danger Zone. New followers you may want to review the TTZ (trading time zones) post, this will cover the O/N and Dead Zone periods and how they prop the NAZ.

Commento

Yellow arrows are the prop moves, recent one will fall back to 12000 and then try for shaded area above.

Commento

Notice how the Prop moves erase the entire O/N drop and are a fraction of the time. So if we get a sell off, you can expect the lift to follow or NAZ gets propped in minutes at PR release and that is the prop, then falls back lower during Open only to be propped back up during the next O/N sessions.

Commento

Shaded hit, back to 12000 now.

Commento

NAZ falling back now. I am actually trying to develop the 1st Prop or Fake move indicator. Just surprised that nobody has done this will all these fake moves that trick everybody.

Commento

Watch Shaded prior to Open, Lower is unlikely or maybe on Knee Jerk.

Commento

Long at 12000, 100 point Target take profit, No stop. Long at 11900, 100 point stop and 200 point take profit, 100 point Stop to cover both trade. Going with Prop O/N Knee Jerk 1st, may be wrong just the pattern forever.

Commento

Diablo to Break or Bounce when NAZ does go lower.

Commento

Good on 1st trade 100 points profit

Commento

Always go with the U Turn when in Danger. Now may fall back near Open for next trade.

Commento

12115, 12130, 12160 are tests above.

Commento

PB to 12050 is likely

Commento

12115 is yesterday VA, NAZ trying to get through. Rejection will be a drop.

Commento

Cancelling my 2nd Long trade for now.

Commento

Range is Set, play it and I will be back mid morning.

Commento

12085 is KL, NAZ will struggle near.

Commento

Notice the Prop lifts (3) and then the slow decline. This will continue until the Long trades hold and the BTD/FOMO's so up.

Commento

11900-20 cloud be a Long, watch the level.

Commento

Pop to 12940 likely.

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PB 11985 and bounce

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11900 Long may fall back some.

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Long needs to pass 12028

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12085 is next test and short under

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12028 Rejected

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11960 - 20 is next zone.

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12085 Rejection should push to lower Zone mentioned.

Commento

Again, notice the DZ flip flop. This just is busywork and offsets the drop.

Commento

All this movement and NAZ will be Flat to positive today, watch. Back Later.

Commento

closing Short at 11830

Commento

This may go to 11600 at no hold here

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930 and 980 on lift or re short at stall

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860 is retest

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850 retested 830 hold is long scalp.

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860 Hit, 930

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You have to add 20-30 points at KL's and watch Ticks.

Commento

11810 is KL, above Long Short below

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860 is key to Long

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bid to ask spreads are wide, will fly

Commento

inside 11860, bottom 1st 30M

Commento

got to 910

Commento

910 or 795, flat. Scalped to 900 a few times.

Trade chiuso: obiettivo raggiunto

final 10M may bounce some, great day and maybe another 200 lower.

Commento

Range 11900-11600

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Monday

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KL's

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Amazing, NAZ already 100 points off the low. Even after the close. These are the easiest trades and the pump will be on in O/N.

Commento

Many of you plan to join my private trading group. Check out Ninja Brokerage, leveed is good and they have a great software program (fee for service on software). Tradingview is all you need and a broker. I recommend a broker that does provide leverage, check it out over the next few weeks.

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