NAZ once again with magical lift in the O/N to offset the Friday sell off or the previous O/N Pump/Dump. Am I the only one has noticed this? Now we need to se if the typical predictable 2nd half of the Friday-Monday Long Only pattern plays out today. Getting tricky as the pattern use to be Friday Long and Monday Long, previous 2 Friday's have gone lower with last Monday sideways to lower. Open Range/Drives usually sell off 1st. Other patterns: Whenever the NAZ has struggled to get lower over 2-4 days, it usually retraces back up it 1 day or so. My Friday Post was Long with the lower range as 2nd option. Many times I am early on a call and the exact opposite will play out prior to a bigger move in my original direction. Today and Tuesday may be huge moves to upside prior to Fed Day. Chart: 4HR, YTD Channel, Yellow arrow is break out range, Dots are targets and reverse trade if hit, 18345 & 17960 are KL's, 19376 & 18154 are TLX's. So far nothing has changed except we had 2 Friday Reg Sessions that sold off. The O/N is still in charge and the Boss, play this range 1st and do not expect much from the Reg Session. The Reg Session PA has been shaky, jerky and sloppy.
Nota
This chart will show 2 Air Pocket Shorts (white arrows) and the 1 set of Yellow are setting up a Long. Called Long above 18030 on Friday. The prior move was Short when Lower Air Pocket was charted below TZ of 320-345. This move will most likely go back up and then sideways in the range and do nothing.Nota
FYI, 18430 is adjusted YTD high (without NQ contract change 150 point gap). 18430 is KL to watch and Short at No Pass.Nota
200 point O/N move, NAZ has a hard time moving 20 points in Reg Session but can go 100-200 in O/N with ease. Just watch the Long Trap near any stall out and move up your stop if you took Friday Long Call.Nota
Under 18285 may Pull back and back above may try as high as 18385. O/N pre Open lift to rescue, again. O/N continues to redirect and confuse everyone. Stay long unless you see strong Push/Pull price action. PB's are expected and are not Short's.Nota
200 plus O/N Prop + Monday should equal a crazy BTD/FOMO rally to the Moon. If not the get your Shorts out. BTD/FOMO Forever.Nota
Slight Divergence on IDS27 and Lower indicator is looking upside down. Many of you know how this will play out. Let it go up as it will not come back. In next day or so, it usually gives it all back. That may be Fed Day.Nota
Back later, nothing has changed. The Sunday/Monday O/N lift is just another Drop Offset for a volatile week and a cushion for any drop that may come. Friday was Long set up and typical, sideways to higher is direction with another O/N lift should this not drop prior to the Close. 298 is O/N high and NAZ needs to stay above.Nota
KL 18385 Hit may wiggle some.Nota
NAZ inside yellow arrow zone and upper with no break out, watch for pull backs.Nota
18284 is KL above or below hereNota
Long above 18284 with tight stop for Long back to day high or 320 then 360Nota
Should the NAZ not rally by the Close and stay under O/R, we may see a lower move on Tuesday. Stop on long is 260Nota
270 is KL here on last move, Long above and short below for pull back short.Nota
320 rejection is a short signalNota
Past 320 and retest from above should be a trip to The Magic World on Long Only PA (99.99% of the time).Nota
On Hold or bounce 18200 is target.Nota
KLOD today is 18223Nota
PA seems to have strong Long moves that go nowhere and just shake out the Shorts. Entry - Target - Get out, look for Push/Pull today and if so, stay Short.Nota
173 to KLOD looks like inside range (inside O/N) to watch.Nota
5:40 am ct, 18180-90 break out is move of the day and stay with it. Looking Long.Nota
18122 needs to hold on dropNota
Above 18122 should retest 18180Nota
Narrow Open Range, Long above ML O/R 18100Nota
167 is ML o/N Range and may rejectNota
Above O/R may pop passed 18175 and drop underNota
BTD and FOMO still alive, VIX will not move.Nota
320 is next upper targetNota
Indicators are upside down again, may drop again.Nota
So far Mon/Tue have stayed inside range or Main Yellow Arrow. Looking for break out tomorrow after Fed Decision. The move may move 1 way stall and redirect. Looking up - stall - drop.Nota
Tuesday O/N, NAZ is only 20 points above O/N High and under Monday Reg Session High. Careful on potential Long Trap during O/N or after Open Drive drop/pop on WednesdayNota
3/20 Fed Day, O/N is now trying above KL 18288 and into the sell zone, has bounced off 18235 a few times. 18320 is 1st target/test in sell zone range. Look for the Open Drive to push the NAZ out of this zone if still in. No Push out, BTD/FOMO until Fed Release. Notice that NAZ is riding the lower channel line, watch the move away from this and if up the ML or upper channel is in view. Nota
I do not trade on Fed Days (typically). Since yesterday Dead Zone rally UP the NAZ has had 6 direction changes above 18220, today's KLOD is 205. I would say Long above and Short below but the wiggles will be so wide at release time. Today may have extreme 100-200 point direction change move and not really go anywhere. That move may come in off session or Open Drive of following day (when volume can support the filling of larger orders). Good Luck and No Fed No Rally, BTD/FOMO Forever, Stimulus, Bail Outs, QE and AI. Long Long Long until all are aboard.Nota
Watch for PB's to 320-310 and 275. These may drop back into yesterday O/N Range or retest and bounce to ML Channel. Pre Open Volume is average to lower then normal so this may be a Pump/Dump or provide a slight pull back.Nota
330 high pulled back to 290 and is range for Open, NAZ is strong sell zone for now and Open Volume may let lift some and then drop it back lower.Nota
350 break will dropNota
250 break not 350, 280 here may be hook short or pop upNota
Just watch the Dead Zone Head Fake Long here.Nota
Volume is way off today, may see quick direction change.Nota
Now under 290 will drop to 250 or retest 290Nota
Garbage day, Fed Release is the move, NAZ staying inside O/N and O/R. Back Later.Nota
As you can see the O/N lifts while the Reg Session sells off. The Reg Session lift yesterday was just back to O/N high. The NAZ may tank soon if O/N stops the only upward movement. This has been the pattern for far to long.Nota
Watch for a hook on either move, back laterNota
The above is not a call, the move may be the opposite direction with Hold and then Pop back up.Nota
ALL FOMO 1st and drop 2nd, today or tomorrow. Just hilarious.Nota
Under 320 may not get back above, need to watch. And above then O/N and Knee Jerk did its job.Nota
18550 is upper target and this can come back on a stall outNota
Volume is Normal, just do not chase if not on.Nota
1% Fed is actually a bad sign, need to see this hold or increase or will drop back.Nota
3/21, The typical predictable PA continues to play out. Most have been wrong and are out of sync with the PA flow. The chart below will show the 7 day (struggle to get lower) decline and the 2-3 retracement. If go back to 2023 you will see this and how the O/N was used most of the time or points. 2022 just struggled to get lower and had the most O/N lifts back up after most declining days. We are in a range until we take out recent high and hit the upper channel. Now until then we may see a drop should the NAZ stall out. The other fact, when at a major news release all trades are Long and there is zero to no wiggle, just up. If you go back and view previous key days, you will notice these strong 1-way moves and these have been a huge part of the gains. Most of these have happened 1 hour prior to the Reg Session Open. The FOMO is strong and getting a bit euphoric. KLOD today is 18417, white arrows on 4 hour are Long moves after struggling drops. Daily Chart
4 Hour
Nota
BTD/FOMO Forever, QT is tightening (until next QE) and AI is the answer to everything (for now). So today we will just have to see if there is ANY selling in the 1st 30-60M of Open, that is the next key.Nota
Yesterday NQ volume was the lowest in past 6 days, FYI. Just watch the Pump/Dump, I am not Long or buying this lift and did not trade yesterday. Back after 1st hour of Reg Session. Here 594 had retest for pop back up to 640-50 and break under 594 will try 570 ML O/NNota
Divergence at 18665, may drop or pop here.Nota
865-75 retest and move from is next move.Nota
644-675 looks like Stop clean out for drop test at Open and O/N ML RetestNota
NAZ with 600 2 day and 400 1 day pop, look for PB of 100-200Nota
Have fun today, Keep in mind that the NAZ usually has a hard time getting much higher than O/N High or O/N Range. Should that change we will go higher to upper channel.Nota
18644 is KL to watch today, Long aboveNota
Long near 644 and take profit on stall, will retest and pop up or break under eventually.Nota
O/N is the Boss, so far and Reg Session s is garbage and tomorrow is Friday so any drop will be bought.Nota
Typical slight Dumping of Pump and rejected at O/N High, Trapped now. and Friday will have to push back up in not today.Nota
Back later, Flat after 1st trade to 644Nota
FYI, Volume is normal.Nota
18667 is KL for rejection or notNota
Today you may want to wait for Break out of Open Range. Or play range to range trades until break out.Nota
18687 retest high may be the Short set up here and will be KL to stay Short under. NAZ appears to be rolling over. Can Go long to, just watch 667Nota
644 retest from under hereNota
This PA is just strange, I am afraid to go long or short, not kidding. Something is on the way, let it play out.Nota
Above 18580 should try for 18667, may be in final few minutes. If trying uses a stop on Long just in case.Nota
The VIX is up 1%, keep an eye on that.Nota
KLOD is 612 todayNota
Mentioned yesterday and Fed Day that the Volume was low on FD and also yesterday. That is odd as FED day was all buying on not high volume. May e nothing or may see selling side as the exit is underway, just watch the BTD/FOMO stall outs.Nota
FA Zone is cleaned outNota
Careful as 2 Mag 7 are in trouble, Apple is off and Tesla is way lower. 2 of 7 that have lifted this are struggling and should 1 or 2 more go flat (not even drop), the NAZ will be in some pain.Nota
18520-30 needs to hold on POPNota
Shorting the NAZ on a Friday is usually not the move.Nota
Today you can see how the 3% NVDA is pumping any dropping FAANGNota
Volume is lower so we may see FA Lifts by the close, it is Friday.Nota
Needs to pass 595Nota
Once again the NAZ staying inside O/N range and nothing new. Reg Session is sideways in the range and needs to break out.Nota
Back later, it seems that the sellers are waiting until the NAZ gets back up to highs or there just are no sellers. This is just not normal and will change at some point. Longs are easy and Shorts just struggle.Trade chiuso manualmente
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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.