NAZ Rounding Over, Long on White arrow and Short on Yellow. No Propping tonight, EU Markets are lower and NAZ usually sells off after Open. When these are combined, the Open 1st 15M sell off usually is all it takes, Short is best option. KL's are Yellow Lines, play range between until break out.
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4HR Box Chart, NAZ may test Orange TL for next direction.
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Short Under 14270 50 level, should NAZ get there. Expect Prop to level prior to drop, Target 14131, 1st move. Thinking Pop/Drop. Tight Range under prior Day's High. Other play may be Drop/Pop, Drop to 14100 or 14050 and try and get through 14280 high.
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Out again today, just keep in mind that the 1st move is usually a smaller move that is counter to larger move. Example: 50 point Pop is usually set up to a 100 - 150 point Drop.
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Upper target hit out of Round Curve. The fact that this is so big prior to Open may be a bad sign. Expect some sideways to down PA after Open. Not sure if counter move will play here. I place zero credibility in Overnight PA, NAZ may retest Overnight Low.
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Short at 14350 and under
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Stop at buy in or 20 points above.
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14253 is Support under NAZ will drop, Hold Cover Short.
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The Fake Pop appears to be one of those Traps, lets see how this splays out.
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Cover Short back to 14350 now.
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Really, total Rig, still thinking it goes back up. A total sell off would be criminal after pre market fake POP.
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Long TLX 14127, back up.
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NAZ test 14131 and TLX 127, Should it hold go Long.
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Long at 14030
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Back to 14128
Trade closed manually:
Original Short was best. Good buy the dip day after the short, should of kept.
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Still same range.
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NAZ clearly out of the Box. The current drop may retest low by Open. That would be a Buy back to Box Bottom. NAZ will retest level prior to next drop. Jobs number may help will further climb.
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TLX 35 RB with Simple Lines setting 20-1-50. Long on whites with white Simple Line and Short on Reds with Red Simple Lines.
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NAZ getting stopped at Open Session low, will drop again,
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NAZ held from last comment and tested Box Bottom, in Mid Level.