Still looking for 2 way movement, we need to see this. Monday was all buying and some selling at close. The intraday moves are just not present, this is odd. Above Monday's projected target, the NAZ could not get passed & hold 2 (resistance and TL). This while mostly all buying action. Looking for failure above and potential drop near below target. Chart below will show 100 Range Bar, very thin. The others half may show up tomorrow.
Comment:
NAZ appears to be playing in Range, another attempt higher and retreat lower or decline now to 13560 or 13510 levels for lower test & bounce back up. 2 way day, will update as we go.
Comment:
I will be in and out today, NAZ exactly in middle of range at 6AM CT, look to Short Rally's today and for the NAZ to test lower range. Short under current high, or range 13440 & 60. Pre market volume/movement is light, looking for Open to pick up with buying and selling today. I feel little strength for upside.
Trade active:
SE1-3 Short at 13720, 13740, 13760 1 Each, Target 13640 Close all price.
Trade active:
Close 2-3 and closed 1 at 13647 +73. You can expect buyers to come in near previous low.
Comment:
NAZ may go into 1 way mode since open, look to fade rally's.
Comment:
Buyers at 13640 60 level may weaken and switch to selling.
Comment:
Decent 2 way, caught me of guard. Could float up to 00
Comment:
PB Support at 50
Comment:
High Neg Ticks, test of day
Comment:
Should switch to sell, back to 1 way.
Comment:
Should it, if not Long at level.
Trade active:
Long at 42
Comment:
Target 80 00, SL 30 back
Trade active:
Add 1 at 33
Trade active:
SL hit on 42 -30, Add a at 14
Comment:
Add 1 at 24
Trade active:
Long 3 on 33, 24, 14
Comment:
Notice how it is 50 beyond original target of 40, Long set up. Manage your SL's
Trade active:
Close 14 at 35, +21
Comment:
We should see some nice 2 way, back up. Stay on Long side.
Trade active:
Close 24 at 44 +20
Comment:
Close 33 at 43 +10
Comment:
Should PB 1 more
Comment:
look at 30 PB support
Comment:
Stepping away Day PTS +90
Comment:
For those that follow: LZ was 13632 targeting 13760, failed, Pulls back 30 passed LZ and now will attempt to shoot to 13760, again. LZ Long Set Up.
Trade active:
Long at 13630, or above. SL 40 back
Comment:
Closing 30 at 55 +25
Trade active:
Flat +115 Day, Waiting for PB
Comment:
NAZ Breaks 13660, should take it Higher. Strong resistance for now.
Comment:
Watch for LZ Flip, may be targeting 13560
Comment:
1 way Trading is the most effective, Today, Short at opening and let it run. Seems like each day is 1 direction, just need to get in early. Lets see if today pops back.
NAZ is down 100 points from my original short, close to my trades total, with less work.
NAZ is down 100 points from my original short, close to my trades total, with less work.
Comment:
13560 target appears to be off, back to upper. This may Run quite a bit.
Trade closed manually:
Range bound, sideways.