NQ Range has been the play since 11/24, range range range. Breakout already, we have seen three Friday's in a row where the NAZ sells off (the opposite of past 2 years). Unless Monday redirects this one (will need off session O/N Mystery Magic), we could break range and move to the Yellow Brick Arrow. NAZ is on Danger Zone TL now, 21,250 is 1st lower retest, then 20,695. Should these hold, Long back up. No Hold, Strong Short to lower KL's. We have seen the NAZ (mysteriously) redirect most drops at/near danger zone key levels, this will have to continue (expect this 1st). Should it not then we should see a free fall, drop test, fluff clean out. The Post's range may play out over 1-2 weeks should the super slow price action (on the downside) continue. GO Fed, Washington Street, BTD/FOMO Forever, set that Long Trap up for Joe Retail.
Nota
Daily NDX Chart going back to 2/2018 (7 years ago). The diagonal trend lines (Diablo) do and will show up, just hard to spot. When you do, its too late. Below 20,600 is the Danger Zone and drop test move to 17,000 ish. This would check off the box on the 20% or greater drop for next move higher. Current 111% TL bounce has been running since 11/22. Notice the 2018/2019 pop/drops and retest moves, almost 100% pull back clean outs, I am not saying that now but and I am sure many did not say that in 18/19 as they were BTD/FOMOing.Nota
2/10 Update, The BTD in O/N Monday lift is in play. The off session Long Reg Session Short continues. I went flat Friday at the Close and the Gap open lower gets bought and comes back 300 points to keep the NAZ away from any Danger Zone. Red Zones are FA's failed Auctions that may get retested in the Reg Session. They will not let it drop, period. Nota
Better trade would be to buy any dip and play the way back up during O/N and Dead Zone periods. Shorting other periods and get out or reverse. Can't fight the Rig, too strong for now and the past 2-3 years. NAZ may turn lower once we see a limit down O/N session (never). BTD/FOMO Forever.Nota
You did notice that Monday did redirect (in the O/N of course). Why does the NAZ need tricks? This is starting to get very old and may break very badly (just watch the long stalls). Nota
2/11 Update, The O/N did drop into the Air Pocket, KL's to watch today. 795 is a major KL that should the NAZ stay under, it may fall big or need serious help in the Magical Dead Zone (after the Open Drive). 893 is a TLX and 942 is max lift, should NAZ stay above 795 it will have to break 942 in order to attempt 22,200 KL. This is a lot to ask on the Long side since the NAZ does not appear to have much strength in the Reg Session and we are lower in the O/N. Nota
Mag 7, Meta and Netflix need to drop. When this does happen and other 5 do not pop, we will see the index drop. 10YN, BCoin, VIX and Dollar, watch these move to Bearish signal's with Meta & Netflix price action for big move. NAZ will not drop until all cylinders are pumping. Nota
Dead Zone trying to redirect to TLX, next test.Nota
All Cylinders? Is this it??Nota
780 Long in O/N, scalpNota
O/N Long scalp should try 12,871. Place stop at 780 now.Nota
So today will be a day to see in any lift comes in during any zone (Open, Dead Zone or Close). This has been the BTD/FOMO play and I think prior sideways has been just one huge Long Trap as the Smart Money is exiting for the year. "Sell in May and go away" may be too late after 2 years of rigging and propping this Index up. Nota
Tesla is up, no all cylinders until that tanks and others stay lower.Nota
Back under KL 583 is 1st signal and then Tesla has to drop.Nota
Tesla now up 2.25%, see how they pull the levers, that is the counter balance so the NAZ does not drop. NAZ at 21,600 now. Nota
Next will be bad news bad news, or bad news good news depending on reaction at 9am with Powel talks/congress.Nota
You can see the YTD chart and the white arrows are KL's to watch. NAZ has stayed in lower half of channel and will not drop, this may set up the opposite. Not my though currently, so it may sneak in stall and then drop. Stalling NAZ is falling NAZ and that just has not played here. It is being help up very well and may try those upper arrows. Nota
Sorry, the drop took 9 seconds, look at a range or tick chart.Nota
2/13 Update, Rig Warning, Monday is a Holiday and the usual play is to use the longer off session period to prop up the NAZ. We have seen a few Friday's sell off (only to be redirected). Chart below is day range for break out, 942 was near and never got to 970. TLX is now 875, look for long above this KL or Short below. Nota
Looks like Z is playing out, Turn Zone. Key is what the Dead Zone does today.Nota
100 point stopNota
FYI, view all MAG 7 & B Coin. They will pop up or break big to the lower side. Most on the edge lower and a few are stalling at ATH's.Nota
Push/Pull price action should show up or way higher we go. Nota
Back later, NAZ is basically near O/N High. Reg Session just can't hold a gain (All O/N). Nota
Made points and giving back, break even at 140. Playing the Big Snap.Nota
2/14 Update, NAZ hit ML Channel in O/N and is coming back down near Open. Staying with Short trade, looking for NAZ to play inside the two white arrows (over next week or so), break the Friday-Monday Long play for the 3-4th time. Stopped at 140, back on with stop at 250. Looking for NAZ to retest KL 942 1st and may bounce - sideways for next move.Nota
BTD/FOMO, back later. Long Trap signals are everywhere. When, when, when, Might be Tuesday? Nota
Looking for hook short at 150 block or back under.Nota
NAZ is going for sideways to the O/N, not sure that will work today. Back Later. Trade chiuso: obiettivo raggiunto
Closing Post, Go Fed.Declinazione di responsabilità
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Declinazione di responsabilità
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