NQ Targets (07-08-26)

Jul 8

NAZ at the edge of the Churn Zone, Worldwide FOMO is fading, next move is huge U Turn or over the Edge to Targets below. The 6-29-26 Post was tracking this well, will pick up here. Over CZ edge (29K) has two lower targets TLX 28,008 & 25,134. I would expect a try at 28K should a magical U Turn not show up. The magic usually happens in the off reg session. Should the reg sell today, that may be nasty.
Diablo Chart

Worldwide FOMO

NDX Chart

Expect some redirect noise/attempts should this get rolling, block the noise and follow the PA.

Jul 8

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IDS View and KL's

Jul 8

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5AM Chicago, Range is low to 29,100 or 150, lower target for a test is 28,700 and under that is a freefall zone. Should 700 hit hold, look long. At 29,100-150, a rejection is a Short to 700. Let's see what the Reg Session Open Drive will do with this today.

Jul 8

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BO Range for O/R

Jul 8

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FA Spike prior to Open, these many times set up counter moves at Open. Regarding the drop (pre Open), it came by way of a Tweet regrading the ceasefire (Short Trade). This may be a set up to the next Tweet regarding the Long Trade. Regardless, NAZ under 29,350 is Short Side and above is Long Side.

Jul 8

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NAZ back at Diablo, it is like a magnet. Anyway, a breakthrough that sticks will travel North with strength. Just watch the wiggles or head fakes near.

Jul 8

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29,055 may be the KL to watch today. Looks like the Spike above will try to keep the NAZ above and redirect back up should it come near. Look Long above KL 1st and Short under after we travel higher to retest above.

Jul 8

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240 is ML of O/N and KL 29,055 would be range. Regarding the markets and the War, when do we run out of oil reserves? This may be the next drama item should the conflict drag on with what seems to be bad negotiations and carton type characters. Is this not a concern or will AI make Oil out of the thin air?

Jul 8

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Watch reaction at 350

Jul 8

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Diablo to 350 is range now. Needs to stay above Diablo on any retest.

Jul 8

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400 is pop or drop Zone.

Jul 8

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Back later play 400-29,055

Jul 8

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Jul 8

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055 may bounce

Jul 8

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Bounce to Diablo

Jul 8

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Pop or drop time.

Jul 8

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Lower churn until WH conference ad FOMC Minutes

Jul 8

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Needs to pass 350, wait on minutes.

Jul 8

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Jul 8

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Upper is 29,600 and lower is day low. Here we go.

Jul 8

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2pm ET, sorry

Jul 8

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BO Range may see halfway drop to pop or retest low below on drop, other is pop up and through.

Jul 8

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Still not sure what is holding this up? Back later, Flat.

Jul 8

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This is neutral if I ever saw one.

Jul 8

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Odd pattern today, O/N lower to Open Drive UP, Dead Zone lower drop pop, V move back up. This is backwards, not sure what the game is or dead cat bounce with NVDA doing most of work. Just watch the FA POP Spike to drop if you are on this. 350 -450 looks like an FA.

Jul 8

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Jul 8

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Back to 350, clean out, pop or drop next.

Jul 8

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Not yet, Upper range in the O/N or back to the Diablo.

Jul 8

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Previous candle is bullish, needs to stay up. Back under will drop or should.

Jul 8

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Very strange PA past 2 hours, staying flat and back tomorrow. Current level is barely inside lower drop low zones. Would not think Long here.

Jul 8

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After the close, the NAZ flipped to sell side.

Jul 8

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Under 350 is back to Diablo

Jul 9

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7/9 Update, Typical O/N lift job in play and will need to see if Open Drive Pump/Dump or if the Reg will take it higher. Looks like the 29,055 KL Long was in fact another Danger Zone & lower edge of the Churn Zone U-Turn Special. Range to watch on chart below.

Jul 9

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Jul 9

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On this one the NAZ moves up some and other two remain flat.

Jul 9

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I will be out today and may provide an update mid day. Today and tomorrow are key days leading into the Friday-Monday Long Play with a War reactivating. These could set up massive long side drop offset move or the exact opposite on any stall out.

Jul 9

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1st 30 M, Long Side juice is to get above the NDX Danger Zone, needs to stay above. You have to wonder why the urgency to redirect the prior drop? Doubt this and any additional lift will hold prior to Friday Close. Not calling a short but watch Top CZ to Mid range.

Jul 9

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Jul 9

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Current move drop test spot.

Jul 9

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Back later, O/N lift may be a Delayed Pump/Dump. We shall see if BTD/FOMO's can deal with the turbulence that is about to show up.

Jul 9

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Showtime, Here's Johnny.

Jul 9

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These markets are getting borderline UNSAFE.

Jul 9

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Here are some moves for the balance of the day. NAZ staying inside O/N range is key today.

Jul 9

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29,790 is pop or drop here at 9:35 am

Jul 9

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Any drop under 29,800 will tank should it stay under.

Jul 9

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Jul 9

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Showtime

Jul 9

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Waiting on the Ticks for next move.

Jul 9

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Low volume on this lift, mostly O/N so not high conviction.

Jul 9

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FA Spike for pop test.

Jul 9

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Low volume lifts usually end with an FA Spike

Jul 9

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30k and under is a Short, Ticks need to go negative near KL or stay Long. 1,000 point move from CZ bottom.

Jul 9

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100 point move up was on 20k contracts

Jul 9

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Just too easy, NAZ is not easy.

Jul 9

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Volume has not changed much at all since 330K, this may be a Long Trapper.

Jul 9

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Trail it now

Jul 9

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Should try spike start

Jul 9

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Shake out or LB Time. drop 100 or so. Hard to turn the machines.

Jul 9

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913 holding and stop at 30k

Jul 9

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913 broke and popped, NAZ being held up by the Rig Team. Should drop tomorrow in the REG.

Jul 9

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Will hold Short with same stop at Break Even. Looks like a shake out. No Volume.

Jul 10

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7/10 Update, Long Trap in play as NAZ is now under KL 29,800 with 29,632 as next KL to watch.

Jul 10

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763 is KL today and look long above and short below. This is the defended zone, looking for sideways to lower day as the goa; is to get the NAZ to the O/N for the off session lift into Monday Open. Back after the Open.

Jul 10

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O/N low volume today today, this current bounce off 700 looks like the one yesterday that did not hold. Just keep in mid when we retest lower today or see any spike higher. Doubt a break out today higher, would think lower should we get some force behind any price action.

Jul 10

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KL 763 Retest for next move.

Jul 10

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763 Long is fading as low volume is weak. Drop should follow Flat here.

Jul 10

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Let drop testing play out for next move.

Jul 10

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Still in range but expected that.

Jul 10

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Back Later, still think by EOD this sells off. If not upper may not go up much.

Jul 10

Trade closed manually

Just notice the NDX and the Danger Zone level. NAZ is going exactly sideways and will try for the O/N into weekend for the next move up, if it can make it there. If a lift, not sure how high or long it will last. Done for now and have a great weekend.

Jul 10

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May see the Big P Trade by EOD and that would be a Short. I am Flat and will look at the PA on Sunday. Should it drop, look for 29,800 as the KL for a major drop below. Seems like air is holding it above this level most of the Reg Session.

Jul 10

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Past 2 days have had the lowest volume on CME going back at least 30 trading days, FYI.

Jul 10

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Volume is too low to Short this into the Close. I think the laggard Longs do not realize this lift is being being held together with glue. They may be sniffing the glue and are dizzy. This may be 2nd half of Long Trap, we shall see.