NQ | 1stQ Range (01-23-22)

Expanding out of intraday view with a 1st Quarter Range projection. The July/2021 post of the year end close was 3 weeks off (timing is everything in trading), target hit and NAZ is now 400 points under.
Keys to chart:
White Box, Long Zones / Red Circles, Short Zones / Red Lines, TLX's (pause/reversal zones), / Yellow Circle, 7/3/21 post/start price
Period equilibrium is at TLX 15069 (solid yellow), 15361 TLX is Key Level, Long above and Short below. Regardless of outcome, we will see some great price action for intraday trades over the next few months.

July 3, 2021 Post | Year End Projection

Commentaire:

1-24-22, The NAZ went as low as 13700 and managed to close at 14500. The bounce from the 14117 level, after climbing back up to it. This will be a Key Level over the next few days.

Commentaire:

1-25-22, NAZ blew through the Buy Zone and is well out of the channel. May see a bounce tomorrow with Fed Rates.

Commentaire:

2-1-22, The NAZ had 18 day 17% drop from 1/1/22 to 1/22/22. On 1/28/22 to 2/1/22, the NAZ has had a 9% climb (2 trading days). Lopsided, OK. I would not count out the test of 15,300 (500 points from current) before any retest below.

Commentaire:

NAZ back in White Box, looking to go lower.

Commentaire:

3-21-22, NAZ back at Upper Channel and above Sell Zone.