Today's Long Call rose slightly higher than I forecasted and the NAZ has two days in a row, faded and recovered to close higher than overnight high. This is very unusual and a good sign for the bulls. Light selling pressure today and on Friday. Not sure how long this will last, for now forecasting the Range. Decent amount of news releases in the morning, could be a factor.
Comment:
NAZ has now for 3 days propped higher in Overnight, sold off after Open and retraced back up. This is impressive and we should expect a Strong selling move later to day. Short under Day High.
Comment:
14000 is lower Target for expected bounce.
Comment:
14073, is good support, lower is 14000. For now Long back to top. One way day may play out to downside, sell long at Stall.
Comment:
Strength test at 73.
Comment:
NAZ should pop prior to move lower. If true Strength and not propping.
Comment:
14100 is good Long test.
Comment:
Head Fake under 14100
Comment:
One Way day, Sell rallies if does not pass 14100
Comment:
Head Fakes will keep happening, doubt NAZ has strength to get back up.
Comment:
Stay Short under 85
Comment:
Could try Long Here at 14060 to 14100, close SL
Comment:
Add more 30 should be low.
Comment:
30 is TL support, should hold for Longs.
Comment:
PB to 40 and add, should be good to 100
Comment:
BD, should rise back up.
Comment:
NAZ is not showing much strength, should lift to 14100
Comment:
One way day confirmed, SL hit -30
Comment:
Targeting 13980, One way days, just stay on the trend side. I thought the NAZ had more strength
Comment:
NAZ did bounce off 14000
Trade closed manually:
Weak action, short to 1400 and bounce. No counter trends today.