Follow the arrows, just feel a Prop Job on the way (O/N Sunday into Monday) or Drop/Pop (Monday Open Drive). NAZ is in the Danger Zone so expect a U Turn (middle of night or off session), Monday's are usually bullish, NAZ struggled to get lower on Friday and BTD's/FOMO's want to buy. Besides a pop up will provide a better Short Entry. Will update as we go.
Note: For those that follow, after 3 years and nearly 500 Daily TV Post's, I will be ending the Daily Forecast & Intraday free service. I am moving to a private service that will use TradingView Charts, including my IDS Indicators. Message me if you have interest. I will continue some usual post's through the mid/end of February or until new program is ready. Thanks for following and all your support.
Note: For those that follow, after 3 years and nearly 500 Daily TV Post's, I will be ending the Daily Forecast & Intraday free service. I am moving to a private service that will use TradingView Charts, including my IDS Indicators. Message me if you have interest. I will continue some usual post's through the mid/end of February or until new program is ready. Thanks for following and all your support.
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As we go through next week or so, pay attention to the circle on far right. My daily post's are just a guide for intraday trading. The PA and lines do lead to a lower retest at some point.
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IDS100 Circles are Targets and Entry Zones
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Box should be support for buying zone and short should NAZ stay under.
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5:30 AM CT, O/N working well with plan or forecast. Yellow arrow is Short and white is Long. KL to KL, expect a Pull Back near Open on the Long.
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Back after Open, If PB (pull back) to 12360 does not hold, look short.
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IDS100, Circle is Direction change target should the NAZ PB.
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Middle on night U Turn did play out, as called. I believe that this lift is just another Drop Offset to what may happen with the Inflation numbers on Tuesday. Notice how the O/N just eased through most of Friday range. The test or key today is the O/N high, the NAZ will need to pass and stay above (it usually does not). If not, go Short.
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By now (if you have been following me for awhile) you are starting to see that the Games or PA Flow, various Session's patterns or non technical analysis is actually better for forecasting. Nobody goes into the street fight or the real world of trading. Friday close to current is just another example of this fact.
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The Long is good and let it run. The fact that this is rigged suggests that it will snap and drop (it will). They are waiting to see at what level the FOMO's/BTD's will stop at, then the drop will happen. Thing is that as the trend continues it will gain strength and may turn 1 way. This is the plan and at stall out, time to short PB's until next direction change (most likely Tuesday at 7:30 AM CT).
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Orange TL is the drop line.
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KL 423 is Short Under (needs to stay and retest 423), Look for Bonce off 350-60 back up. Trade KL's to KL's
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Long above 416 and short below. PB to 416.
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KL 513 is next test.
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Weak grinder, should drop on stall.
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You can Short PB's under upper Target. May go sideways until next 100 point move. Back later.
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12550 no pass is a Short for PB Scalp. Should go back to Top 1st 30M. If does not, this is a drop offset for tomorrow.
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IDS100/20, KL to KL working well. Next move would be a Short, pop was expected.
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Just keep in mind that Monday's usually go up, big CPI release tomorrow and NAZ in still in range. This can drop back down and is most likely a Prop. NAZ is vertical with 1 PB so far. You should of Closed Long at 3rd hit of 12545. You can always jump back on Long, The Short at KL 12550 is the current trade.
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Stop above if you are Short, Not Calling Long here.
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NAZ may pop some more on Long side, waiting for Stall Drop.
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Should the lift continue (Next 100 points) NAZ could go to 12678.
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Yellow arrow would of been Short to KL to Long, need to be quick. I missed the Long side.
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The Short needs to get under 12534, then 12513. Otherwise Look/Stay Long. May see quick drop test by EOD.
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If you want to add to the Short and feel the play is next move, 12588 is next add level should NAZ pass 12550.
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Arrow on IDS20, these can go either way and when they do, they move big.
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When NAZ gets there one of my targets, I typically get out. O/N did produce much of move today, keep track of air pocket amount for next drop. Long Trap may play out as we are near target. 40 point range for 3 hours. Otherwise the snail move may just keep going.
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Watch this if you are Long
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Let it play out and Strong Short under orange TL 12525ish
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OK now failure at 12555 is most likely a real Short.
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You can Long back to if you want.
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Long Trap so far
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This is drop test that I mentioned, can play 2 way here if up/down. Will be back later.
Trade closed: target reached:
NAZ under Orange TL and POC, struggling. Back to 12435. Light volume today, heavy selling tomorrow.
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U Turn in the Danger Zone. The yellow arrow would take to NAZ lower using equal move in opposite direction. This is how it is done.
