Strange price action on Tuesday, watch O/N drop or pop/drop in regular session. Another U Turn at the Danger Zone (12,400) and still no seriously down O/N session (the entire Bear market). The lift just seems a bit too easy or predictable, may be a Short set up (should be). Next BTD may turn ugly. Dollar Cost Short if you feel it, may drop quickly.
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Note: For those that follow, after 3 years and nearly 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 usual post's through the mid/end of February or until new program is ready. Thanks for following and all your support.
Nota
I moved some KL's and TL's on the chart below. For those that are new, the Key Level lines (yellow on both charts) and Grey and shading on Range Bar chart (right) are targets and entries. You can go back, post after post and see that placing a entry trade at KL in opposite direction usually will set up a reliable scalp. Many of these scalps will bounce off KL, retest and then take off toward the next KL or Grey line in IDS20 (right). Last night was just another example (read comments in 2/14 Post. KL 12662 would of been a Short to 12545 with Take Profit and Reverse at 12545 after retest pop.Nota
Under 12600, 12520 is next target.Nota
So here we are waiting for NAZ to retest 12588 (from under) and at failure to pass we will Short. Or if you want and trust, you can place a limit order at 12588 with 20-30 point stop and let it play out. Warning, you may get stopped and the move will still happen, so do it manually. A pass is a Long until stall out. Remember that the pattern has been, O/N lower Open/Regular Session is usually higher. I am looking for old patterns to change or break down since they are becoming too common or predictable. It is getting too easy, especially during the Dead Zone.Nota
12588 pass will retest 588 from above and that is final test for entry Long. A fall back on retest will tilt toward s Short. If you feel that you missed the Long, you can chase it, that is what they want you to do.Nota
Good Entry: So GE is when II notice a "Good Entry" for a Long/Short. 12588 is GE Short, many tines the NAZ will move 30-50 point away from GE only to then come back and move in predicted direction. I believe that this is the case with this vertical clean out fake move, I may be wrong and many times I am so watch both sides and KL 12588.Nota
NAZ back to 12588, Look Long above and Short below. GE may play out with bad retail number or wait for Open Session.Nota
TIPB indicator may be on to something, NAZ back under 588 and 602.Nota
Warning from earlier regarding Entry and Stop hit. That is exactly what would of happened without manual entry. Scalping until break out is work and many just can not put in the time and are lazy.Nota
Back near Open, just feel a 1 way lower runner on the way.Nota
Retail sales may move market as there is No FED play for awhile. Something other than earnings, fundamentals, etc. has to move the markets. No Fed No Rally, look short and fade any lift, use wide stops. Open Drive today may be a doozy should Smart Money really start to exit. The exit would be below 12640, anything above they will let it climb and then exit. I am Flat here, scalped the moves mentioned.Nota
KL's are perfect today, TIPB is the clue.Nota
12640 Smart Money Bailed.Nota
No FED No Rally, 588 is KL Short UnderNota
Expected Dead Zone lift that will get pushed back down. 640 is KLNota
NAZ under 620 is major Short push and may take some time today, just starting.Nota
Push Pull is Here, Stay Short with stop above or let it go sideways.Nota
Watch Fake Turd moves up and look for drop. NAZ is nowhere new. The lift is expected, you Should of taken profit at/near 520 KL Call on 1st Short.Nota
Pop then needs to pass 588Nota
Today is most likely a rollover day with O/N selling off tonight into tomorrow. Old tricks are not working and becoming very weak. They will still try as long as FOMO/BTD is somewhat active. Squeeze for every last trade.Nota
Another Turd pop here. They are just cleaning all out prior to big move. This can go higher, the issue is the stability as it is getting shaky.Nota
Watch High Ticks on this move, you can see the formation on IDS20. NAZ getting a bit gassy here, may need to hit the head. Trail the Long until it is dump time.Nota
Under 631 is KL Now.Nota
BTD/FOMO's still feeding the machine, so slow lift. The PA is extremely weak so it may just drop or float higher.Nota
Looks like same old pattern is in play, Lower O/N, higher Regular with Dead Zone lift (snail). Thought this would change after 14 months.Nota
Close Turd Long at 12660 and looking Short.Nota
Any low to negative ticks is the 1st clue for drop, 12631 is target.Nota
730Nota
Under 730 look shortNota
NAZ is struggling to get lower, crazyNota
Needs to break 62 and 31Nota
62 hit or close shortTrade chiuso: obiettivo raggiunto
Flat at 12685, may try 730Nota
Final 10M is random.Nota
12730 hit, just can't go long hereNota
The Dead Zone is usually not the dominant PA zone. Strange and mostly retail BTD or FOMO of institutions. Next stall should wipe out or provide a major retest.Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.