NAZ did test 15631, I mentioned 40 in post yesterday at EOD. No pass yet, got rejected to 15600. Narrow day tomorrow, trade the range.
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Pick a line.
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The up line was correct. NAZ moved from 15600 (low) to 15652 with mid level at 15626. Dip buyers are quiet, did not come in quickly. Not expecting much movement today, Jobs number will be the mover tomorrow.
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Upper Target is hit, NAZ will need to stay above 15660 .
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under 15660 is Short, NAZ can go either way from here. Dip buyers are less active. NAZ is starting to show weakness. Break 60, will hit high.
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Interesting day, start of movement. Earlier I mentioned under 15660 was short. NAZS will tray to get back up some. Dip buyers are weak these past few days.
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15616 is Mid Level, NAZ may close near 15600 or so. Not a big day, NAZ only off 40 points or so.
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Lower Target hit and should close at current level. 15600
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15602 is rejecting NAZ, watch for drop at close.
Trade closed: target reached:
15605 Close.