Expecting a decent range today, NAZ will test lower for confirmation or drop to new lows. Yellow arrow is range and yellow dotted are Key Levels. Key level trades usually work in opposite direction. Two diagonal TL's are guides, NAZ may bounce between the two. Normally, today would be a Drop/Pop day. Example: Drop to 13980 and Pop up to 14717. Not sure we see it, just yet. Asia was down and EU is up, EU may help with a pop should it hold.
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6:20AM CT, Long above 14226, Target 14415
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14326 is Mid Range of Overnight, NAZ should head there by Open.
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Long Developing, Overnight just did a slow Drop & Pop set up. wait for signal.
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No Signal on Long, TLX 14137, Long trade should develop, Target 226, 270 14415
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Today, set ups may swing extra points past normal entry. Still developing.
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Long set took the long way, may work here at Open, above 226 is 1st set up.
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KL's in opposite are working for scalps.
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NAZ can't get passed 226, Long above.
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NAZ will not go much further down, look long.
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1st Long target is white diag TL.
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NAZ should try to pass 226 by EOD
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Next Long at 13980 and above. NAZ turning.
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Scalps at TLX, Long above 13980
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Multiple hits on 14137 TLX, should get through.
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Should see 226 hit and pass.
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226 hit
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Opening statement, 226 will go to 14415. Regardless of prior movement, the trades are connected if you know the entry and target. You should of taken profit at KL 14415. Diag TL pass was the earlier entry.
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Use Line Break charts for levels. Short under 322
Trade closed manually:
More tomorrow.
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KL's tonight are Upper 14322 / Lower 13978
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Just getting back, does anybody know what propped up the NAZ at 6pm or so?