NAZ with O/N Gap open to lock in the Long chase and clean out the short stops. Regarding Friday short, I always go flat into the close. The O/N continues be used to lift it with ease. This may be blow off top day into balance of Friday - Monday Long Play. Netflix had the -10% move and has not recovered, NAZ is using the off session to Rig it up. Drop may not be until Tuesday, yellow arrow is range for retest should upper stall out. Current gap fill likely either way. Pump/Dump into Open, Gap up in O/N and expect some Tweets. When this stalls, look short. AP on Friday, voided by Gap.

Note
The Friday O/N session, primarily the majority of the move was the (circle) 200 point 1 minute move. This was then followed up with a flat reg session Friday. Next we have a Gap Up 270 point open O/N session on Sunday. Basically 1 way at record speed, 1 minute move and a Gap (no time) move. 770 is level to watch near Open of Reg Session.Note
Drop offset in play for any trade talks or Fed Day problems. Netflix is only up 1% and still lower 9% since the drop. All Gap an O/N looking for Reg Session reaction with some balance or selling volume. IDS27, NAZ will not go below either MA and keeps bouncing off. Upside down indicators that usually lead to a major drop. While NAZ is clearly approaching the upper 7 Week Target, I just do not like in which the way this has lifted up. Off Session and low volume. Note
Just a weak or strange breakout of the Churn Zone of past 4 weeks. May be wrong and this is the new price action of a Bull, mentioned that it just seemed off last week. That could be it, sticking with the idea that normal historical cause/effect to resurface. If this continues, Hedge Funds will close their doors, trading firms will move to BTD/FOMO shops and indexing with Vanguard will be the strategy. Note
Scalping Short from 850 with 770 and under break, Netflix is flat. Note
May see sideways all day just like Friday, until the O/N. Why not, it works.Note
Stop at 950 and adding at 885 ShortNote
NAZ should fall into 100 lower sideways range or Blast UPWARD here at 25890.Note
NAZ appears to be in Slow Motion gear and moving like an inchworm higher, almost invisible. This looks like Holiday PA and not sure if it can even fit the Bullish/strong description. 950 is TZ, Original was 900. Drop test has to show up or traders may surrender and come back tomorrow. Even if you go Long, it is not going anywhere. Note
Biggest move of Reg Session (above call). For those that were following me a few years ago, the NO Strength NAZ is back. NS NAZ is very hard to trade since it moves like a sloth, but will get higher. When the Sloth stops you can barley see it and then it drops like a rock. What I am looking for here (scalp) prior to going in the Pump/Dump O/N. Note
So the volume today will be the lowest day of past 20. When a true Bull is running it usually will have high volume in the Reg Session. Something is off or in the works as this continues to play out. Sticking with the Short side as this plays out. Stopped at 950, will add in O/N if opportunity. Note
10/28 Update, NAZ hit ML of Channel, not expecting much today during Reg Session. Range day of sideways slow PA. NAZ is at upper range of Posted arrow/top. You can try Short here but may need to wait until tomorrow or Thursday. Volume continues to have reduced and direction is Long (with very slow movement). Hard for me to trade, I may just wait and drop 20 contracts on a capitulation type short (after this busywork noise). Note
NAZ has moved 1,100 points in 2 days (Thursday O/N through current), big move with some Tricks and low volume. I may be off with the Short Trade or early. I noticed the hair was raised up on my dog's back when he looked at the chart. Not sure what to do with that (joke). This Long move needs some BEEF (where is the BEEF).
Note
26080 is 100 point short scalp.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.
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.

