NAZ would NOT go down after several hits at lower level. Since we have been in a narrow range, the move today looks bigger than it is. This, will spike momentum with Dip Buyers to push NAZ back to Top Box. When we do get there in the next day or so, we may be looking to Short the NAZ for one more test below.
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6:15AM CT, Small dip, 15455 looks like good support for Long. Target 15520, then 15570 should NAZ hit and break 20. Not or stall, NAZ may head for 15425 for test/bounce.
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7:53AM CT. NAZ turned to up move at 15445, look for run up. small decline should be over. Unless this is head fake. Other indexes are flat, at this time.
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Hold on Long, Not liking the stall.
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Could see drop at Open, Today is a Holiday (religious) may affect volume. Most likely whippy day ahead.
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Not clear yet, looking flat to down.
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Hit lower range, letting this one paly out for a few.
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15360 is lower Pivot, may hit again.
Trade closed manually:
NAZ needs to travel 120 point up just to get to Break Even. Not sure that that will happen in the environment today. Short may be the play. I will not be shorting this market. Stepping away and done for day. Good luck.
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Look for this move, I do not think it is going back up today:
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Looks like similar to yesterday, get serious at 15510 level. It will need to pass and hold, this may be retrace back down should it not hold. Whippy day light volume, still.
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After Dip, looks like NAZ will hit the original targets. Not sure what dip was, be careful if going in at this level.
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Wow, glad I did not short this today. Not sure how the NAZ climbed all the way back.