Yesterday was 1st day since the bounce that had a failed Drop/Pop to day high. The final 10 minutes did pop 100 points and we have the usual Overnight Prop. With today being EOM/EOQ and tomorrow a new month/quarter, we will see some serious chop and direction changes. Stay Short below 15209 today (look to Short near, after confirm). Current at 6AM CT, NAZ is in channel that has lower end at 15,000. We may see Fib 50% at 14854 over next 2 days.
IDS 50
IDS 50
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Current range to watch
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Above 15080 is Long to stall or 15120 40 level, most likely 1st move. Below 15078 may drop for pop test off 15040.
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DB on 15078, may bounce
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Careful today on BTD or Long trades.
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New range for bust out. Rally selling is back, started yesterday.
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Scalping with 15 IDS, that is how CHOPPY it is. In/Out is best strategy.
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NAZ at 1st 30M Top, highly doubt that it gets past or past 15150, if it does.
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Any Lift toward 15080 and no pass is a Good Short Entry/Try.
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Stepping away, 1st white hit at 14987. Breaks target next.
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15018 is KL, look for a strong bounce at level, no hold and this is the Strong Short.
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Now 15018 is resistance.
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14956 is KL on lower range.
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Selling of NAZ since 15141, only 140 points. NAZ can move another 100 or so lower.
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Next try at 18 may get through.
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14689 is an easy Target should support not hold. Every/any lift is getting sold. Careful final hour.
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You can see here how and why the Overnight Propping is so often a head fake. This one offset 150 points of this drop.
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Below is Air Pocket that they (Proper's/Market Makers) are keeping NAZ above.
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NAZ is only down 10 points (minus offset, 150) FNG1 is down 1.50%, NAZ has room to drop. You can see how the game is played to offset the moves.
Trade closed manually:
Where were these buyers all day? Go Long at Close into Overnight for 1 more Prop.
Ticks High Negative and Neg most of the day, just does not add up. Good luck.
Ticks High Negative and Neg most of the day, just does not add up. Good luck.
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Air Pocket Busted, the lift to 15050 was a short set up by the Proper's. This should keep the direction going South for some days. Any lift or Long use a Stop.
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100 Point Lower move mentioned earlier, done. Did not expect it that way.
