NAZ showing weakness, may need to bounce off lower White TL (looking for support). 14600 is current support, 14500 is lower support. Should see counter Long move toward 14730, prior to further drop. Overnight trade or Open session trade from lower range with Long.
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NAZ has run from the 14600 level to the projected 14730 level. 14757 is pivot and likely to hit and redirect, should NAZ pull back, support at 14650 and good spot for 2nd Long.
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Not sure which is 1st, 14650 and 14800 are two levels that will be hit by Open or shortly after. If lower, aim for higher and vice versa.
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Today, Long above 14822 and Short below. Since 9/6 the NAZ has sold off 4 times at Red TL. Any rally does have the same risk, use PSL's.
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NAZ should drop to Mid Level of Overnight range 14670, prior to Open. Usually does, should it not, after Open expect selling and bounce. Not feeling strong Short.
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New followers, trade by way of target to target. Once trade hits key level (stated) or Rec Target, close trade. I try not trading noise.
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Pivot target HIT
Aggressive Call / Trade if you have profit:
Should NAZ Stall Out at 14757, Short to 14670 with potential reverse/Long at 14670.
If not, same drill at 14825 to 50 range.
Aggressive Call / Trade if you have profit:
Should NAZ Stall Out at 14757, Short to 14670 with potential reverse/Long at 14670.
If not, same drill at 14825 to 50 range.
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37 is confirm on short. Needs to stay under.
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On Short, may climb to 44 and trigger lower. If not, may want to cover (if keeps climbing).
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Testing 44 now, should drop. If not, Cover.
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Cover Short from 57.
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Red TL X at 14804, could be resistance:
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Chop, Short as the trade. You can see how the wiggle and shake out's work. If you plan to trade counter trend, you will need wide stops. I do not like to be in prior to Open on that one. Look for drop & pop, after Open.
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Drop @ Pop playing out, Long for balance.
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14737 is Target., above 92
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92 is key, still choppy.
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92 got 33, look for 2nd attempt.
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Support at 14635, Take Profit near Targets. Always re up with stops, mentioned earlier, OK if long and under 92. NAZ not going anywhere.
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35 gave the support, stepping away. will retest.
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Retest bounce.
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Choppy day, Take Profit on runs.
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Any rally gets sold off, likely lower close. Whippy, stay on sideline if you have profit.
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Under yesterday low, not good.
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Break 35, going to 00.
Trade closed manually:
Not seeing it today (close). Be careful. This is most likely setting up good long for tomorrow. 80 is yesterday low.
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Hit low target of 14600 after head fake pop. Very tricky day, people.