Past 2 days have mostly been from off session PA, easy to move in a direction. Time for NAZ to get back in its BOX. Yellow arrow is EOD Tuesday target. NAZ should stall tonight, drop after Open, then sideways to lower by close. Get propped some by Monday Open, drop after Open and start to move back in Box deeper by Tuesday close. Or, they can erase 50% or a 7 month drop in 3-4 days. This would raise some eyebrows and who wants that.
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350 of 865 are Open Session points. Day 1 of bounce was because of why? And at a crucial zone. Said this could happen, just not so easily or quickly. When it has in the past (air pocket) it usually comes back down. And we still never saw any big limit down Overnights during a 7 month Bear, really. Nota
Check out my June 20th post's, still active. I should have used them, not joking. (Overtrading!)Nota
Asian markets are lower tonight, that is somewhat interesting.Nota
Bloomberg comment: This has been the best post Fed Decision market reaction in the history of Equity Markets. Things is started just after the Close on 7/26. Again, 60% of these gains have come in off session moves, The Fed Decision happens during Open Session Hours, correct? I feel a developing Air Pocket.Nota
Should the Rally continue, the following is a recent fact that did happen during this Bear. Be open minded to the idea or extreme of a huge rally that could fail and drop even deeper. The March 15th pop gave it all back and then some. We will see this, should the AH sessions continue to primarily move up. Nota
Long at 12850 For 50 point take profit.Nota
Stop at 12835Nota
Stopped on news break -15, should try for near 12880 ish for test.Nota
Long at 12815Nota
Stop at 12800, target 12850 take profitNota
Today, Diag TL is your friend with Shorting until it is not.Nota
Hard to trade when the NAZ does not move, then moves like a currency with Blast Pops. Scalping will be key if you are not sold on this Pop. ML/BOA warned on fading Bear Market Rally. NAZ still under O/N High, may approach, stall and drop. No Drop today near High, look long and Trail up, stepping away. Flat, prior comment above was not an actual call, just note. When I make a call I will state so with BUY/SHORT price, target and stop.Nota
I have never seen the NAZ Not Move, this is bazaar.Nota
Short should play out under Top of 1st 30M.Nota
No Trade zone as we are in Mid Range, sideways to late rally higher is likely. Propping Sunday into Monday. NAZ needs to get to AH in order to get gains. You can look short, doubt that we see any major low into Box. NAZ Bounced off Box Top three times. Hook Short to Box Top Bounce is also likely.Nota
We have the toughest job, won't buy in like the FOMO Dip Buyer (who has been wrong for 8-9 months) and tough to short since we know the intraday PA is not normal at all, mystery moves come out of left field. Need to sleep in AH and know that is the most likely time the good movement (original) happens. As I type this, Hook Short did not happen and NAZ is floating back to top of range. Still in AH Range of play and nothing is new with gains. True buying would continue from AH high and push it higher. Watch the PA at Range high, it was almost stationary last time.Nota
Price Action on drops is much easier to see and has some strength behind it. The Longs just seem to Float Up with very little strength. Hard for me to take the melt ups, they constantly look like they are about to fall. In normal Bull Days, the Longs look much better and look more like the Short in this example. Trade chiuso manualmente
NAZ only gained 20 points above ON High, not real strong. Weekend Prop to follow.Declinazione di responsabilità
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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.