Short

Mis à jour

NQ Short (09-22-22)

NAZ in new lower zone and will test lower near Box Bottom. Going with Short, today me be more of a Range day. KL 11936 is upper Max lift and resistance, NAZ may try for and if rejected work its way back lower toward lower targets. From diagonal TL, above is Long and below is Short. Expect NAZ to move around Channel (two white horizontal and red dash is mid channel). 11640 KL, a drop below and failed retest from under is a Strong Short to Box/Channel bottom. Will update as we go.

Box Chart update with KL's

Note

The 240 point range of O/N is wide, the lift to 11800 is a prop offset and is designed to offset the drop after the Open. If the O/N riggers did not do this, the NAZ would be much lower. The whipsaw is just designed to shake you out or trap you looking the wrong way. The Diag TL will be trouble today for the NAZ.

Note

NAZ did test and bounce off KL 11640 for 60 points, watch the retest back to 11640 and on upside, failure to take out highs on the for next trade. Back after Open.

Note

Late yesterday the PA changed back to Bearish type moves and push pull rally selling is most likely going to be back after the Open. Just be careful with any Long trades above 11720.

Note

11680 is TLX and Short under 11720 to TLX is range to watch. 11640 will need to hold and we are noe back in mid range.

Note

For now the Riggers did Prop some to offset the drop that is about to happen. Should push pull PA show up, today may go 1 way and DZ may not have much strength with usual lift. We are at yesterday close low.

Note

Long Lift trade at 11600 ish back to 640 may be an option here.

Note

600 to 640 hit, close that trade.

Note

Push pull is back so look at short side and 1 way may be on its way.

Note

Try another Long Pop at 11580 or above.

Note

640 is 1st target. Then top 1st 30M.

Note

11580 got to 625 and stopped at 85

Note

Push pull is turning into 1 way.

Note

11520 long

Note

11520 retest and stay long or stop out.

Note

11580 is target

Note

11580 Hit.

Note

Push pull may drop back to 520. Raise stop or close.

Note

So the typical Good Entry Long at 11850 went lower by 50 or so to clean out stops and may lift to 640. This is typical or the up/down is a Mop clean out in the range of 11580 to 11520.

Note

Looking like mop clean out back to 520

Note

NAZ is struggling with Diag TL, pop through would be strong move higher.

Note

11572 is KL and Bottom of 1st 30M.

Note

Trying Now. Ticks look good and Dow not too low.

Note

OK, NAZ has to stay above 11572

Note

Just wicked Head Fake. Scalp 20-30 points

Note

11540 to 11600 is MOP Range.

Note

A drop here would be big, use stop or look short.

Note

11520 Long call was good for 2 trades, 1 more failure look short.

Note

Slow Roller Short is developing.

Note

Needs to pass 60 then 40 then 20. After that it may pop up or sink, stepping away.
No break lower, look long.

Note

Take out O/N Prop and the NAZ is way lower. The tricks will not work now, look Short.

Note

More trapped at 90 -600 level, look lower as they get ripped.

Note

Scalp short good for 50, look long above 72

Note

NAZ getting stopped at 08 or near red dash mid channel. Needs to pass, watch 72-08.

Note

Mop zone since 9:30 CT.

Note

Long above 72 with High Ticks.

Note

Think we missed last Short? Too many direction changes in narrow range. Got confused.

Note

Should NAZ break 11524 may go to 11440.

Note

11520 may be double bottom final Mop, could see lift here.

Note

NAZ had to just keep dropping and mopping in order to get through 11600, should pop through.

Note

11665 is target. Trail the Long if you took.

Trade fermée manuellement

Crazy day, Good Entry Long was 11580 and they kept taking it lower by 50 points or so grabbing stops to only take higher. Hard to imagine that the end result would be 150 points or more higher than where they grab the stops. Just remember for next time or next Short. This Long hit 11655, 10 of target and get out to be safe, you can always reload.

Note

IDS, when the whites break the thick yellow it is usually a Long set up. Especially at a double bottom or bottom/support in general.

Note

Just got back after closing the last Long trade. Glad I did. I missed the Short and was not expecting that. The whipsaw action is the most I have ever seen. Not sure O/N will prop and we may see some big down O/N sessions. Last night did have a 200 plus prop, just not sure how much long that will work.

MAZing

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.

MAZing