NQ Targets (10-06-22)

1590
NAZ did have a 2nd drop today that was bought and this may keep the momentum going higher for another day. O/N Prop machine took the night off last, so they will be fired up tonight. KL and target 11807 is the test level for next move. TLX 11640, under and out of channel is the Strong Short (not likely). Push Pull did fade 1/3 the way through the day. NAZ tested Box Bottom and bounced.
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Note: Should NAZ stall, we may see a strong decline that may be a 1 way runner. TLX 11289 & 11201 would be targets. Also, we have not seen any serious decline in O/N YTD and are overdue. Most time the NAZ does go lower in O/N, it lifts in the Open. This is odd and continues to offset losses. This may break down as we are now in month 10 of Bear.
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For those that follow: I called Edge Trade at 11568 to 11614 (Good Entry) for a Short turn. NAZ did pull back 40 points for a Short at 11614. This then set up a MOP and NAZ ran 100 points up out of MOP. Should NAZ get under 11614 - 68, we may see a strong drop. The 100 point run up may have been a clean out. Next failed move higher may test this. Under 11640, out of channel and out of Box.
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Circles are turning points and usually after a MOP break out. Believe NAZ is in a MOP now.
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NAZ bounced off 11361 and is on 11623, while 11902 is next failure to stay above 11623 may retest Box Bottom and 11361 with 11222 following. Pivotal day tomorrow.
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Out of Channel and Box Bottom path, should this play out.
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Please reply: For you candle experts, is the daily candle on Box chart above bullish or bearish? Looks like a cross with wick and open/close near top.
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NAZ appears to be in a MOP, break out will run for 100 or so. M forming on 30M.
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NAZ on the Edge
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NAZ under 11614, 11568 next
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1 way south, no return may be in the works.
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Out of MOP, may run for 100 or so.
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Push Pull is showing up. On the flip, could be a Long set up. Watch for failed pops.
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Short trades
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Under TL stay short, NAZ should stay in 3 TL's or channel.
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11568 Hit.
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Stay Short under 11600. Trade to targets and take profit, reload short on failure.
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Still Short, head fake zone.
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Bouncing off 11568 and Pivot, could turn to Long set up close short, look long entering into channel or MOP. NAZ will move between 11600 and 68.
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Push Pull and head fakes, NAZ getting ready to move big in 1 direction. No confirmation on which one.
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Lower next target is 11424 should NAZ break 68, retest 68 from under, fail then drop. Support at 68 is Long trade back up. Will be Back near Open.
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NAZ did retest from under 68, dropped to top 1st 30M of yesterday and was 100 point run out of MOP. Now we may see bottom 1st 30M test or retrace back to 68.
We are at my lower target for a Long, Today may be a 1 way runner so careful with dip buying.
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Bounce expected, under 11640 is Key.
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NAZ stooped at Mid level of O/N range and out of channel. MOP 11640 to 11537 and break out is next move. Fed heads talking at 1pm ET, may move things around.
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Not surprised, pattern is lower O/N = higher Open. Dips are getting bought. Just too easy, glad to get 1st half. This may come back down? Let the Feds talk.
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Pop above 11640 MOP appears to be a head fake, wait for 11537 drop or lower.
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1 way may play out, look for push pull and rally selling.
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Long at 11550 for lift back up some. 11614 target.
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MOP sideways, not feeling big drop just yet.
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Close stop on Long
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58 to 38 is zone and will break out.
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11591 is Top 1st 30M, short under may retest on current long. Reverse ay at stall
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Hold Long and Add, clean out.
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Pop take profit and look short near 11591
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NAZ may will pop prior to drop. Huge negative ticks and NAZ is steady.
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Be calm and use a stop. Rig Job here prior to drop, if that even happens.
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They just will not let these markets drop, go with for now. Stepping away.
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NAZ hit 86 for 36 points, Will bounce off 68, may get through 91 and if not we short.
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Classic Edge Trade, LOOK For these. Trail it.
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Just hilarious.
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Today's patterns make no sense and lately when I see that I just look to the Long side as I expect the DZ magicians and Prop Riggers will hop on. And here they come.
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You should be stopped out near 11614, Now we will see the next move. Lower is likely at stall near Curve.
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NAZ tested 11591 From Top, long above and short below. Need to let this play out.
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Strange day, Hammer on 30M and under Curve, look short under 11640. Stepping away until later.
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Choppy, 11640 keeps rejecting.
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11580 is lower target test. NAZ still near curve. Following it lower. NAZ should have a big move out of range.
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11591 keeps holding.
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MOP zone is 11591 to 11640, most of day. Opposite day with PA and Ticks.
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Double bottom on 91, no pop will drop.
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Today could be head fake on pop or need triple.
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DB looks to be popping, needs to pass 40
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Today and pass needs to retest.
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Head fake so far. The fact that the NAZ will not pass is normally bearish, that may no apply today.
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NAZ should not be higher than SP.
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Here we go, 11614 bounce or it will drop.
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Nibbles, 20 point moves. 40 rejected again, 614 or bust.
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Short trade for drop/pop
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retest 614 from under and south.
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Drop should turn into pop 11566 ish
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On short may give it 100 from out of MOP.
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11591 should break, fake out on previous bounces.
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Pro's are ying yanging everyone. Then back up. Trail it.
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add to short at 85., stop at 605, Tiny SCALPS
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Lower stop to 91
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one more leg, should be. 68 next
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11538 is bounce spot, add another at 80
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Stopped.
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Long if you want, I will pass.
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614 test and long above.
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Drop/Pop here, thought it would go lower.
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Days like today, you almost need to put 5 on to get any points. My 91 stop was too close. Really think it goes lower, stepping away.
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11568 Long to 11614 or 11640, NAZ should pop out of curve.
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Riggers will lift the NAZ in final minutes.
Trade fermée manuellement
No Riggers, narrow moves.
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NAZ held up today, I thought the move would be 1 way lower and near 11424 or Box Bottom. NAZ still in Curve. The Short from 11640 was the play and should of kept with 3. DZ or mid day PA is so fake.
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