MAZing

NQ Range (08-03-22)

MAZing Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
NAZ back in the BOX and top of Rainbow test. Weak price action today and past 3 days. No Prop tonight and some Geo type rumbles out of China should provide the push. Sideways to lower by EOD tomorrow. At times over the past 3 days the NAZ has actually been frozen with zero movement, this is new or I have never seen it.
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NAZ at top forecast with some divergence, could short here with tight stop.
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Being sick I am watching more than trading, It seem that you just need to play the range at stalls. Use key levels as targets and at stall either direction you just reverse to next KL. Expect the range to get stretched just like yesterday run up to within a few points of prior day high.
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Long above 12956 and Short below after drop through and retest from below.
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13025 is KL, then TLX above, look for NAZ to retest 12956 prior next bigger move.
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Upper TLX 13094 stall, Short with Close stop and Play day low??
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Past few days have been the most painful price action, glad to be sick.
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IDS 20 is good today, need smaller as to weak movement.
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Keep shorting near TLX 094, close stop.
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Scalp day, NAZ will drop to lower 1st 30M 12990 for a bounce back.
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Good news bad news ISM, NAZ may drop? Now TLX 142 is Target and short zone.
Shorting at 162 1 contract. 40 point stop target 13060, wait for yellow short line on 27
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Short Target
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Lower stop as it drops, it will pop back up during Dead Zone.
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On short you may want to scalp back and forth. Play max levels and go opposite, NAZ just being tossed around with ease. Current Short is 50 or so to the good, Look at closing and reverse, then reverse, reverse, reverse.
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IDS 27 you can now see Yellow Line, You need to get to the point that you can predict it showing up or use 20/27
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Stepping away, NAZ is between two TLX's, bounce around and sideways zone. I would think that today would be a great Curveball SellOff day? We shall see.
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Target hit
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Riggers are Just Painfully brutalizing the average investor/trader. Trust nothing and go the opposite.
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Dead Zone Daily Float UP should be next.
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13127 is KL, needs to stay above.
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127 bounce, reverse, reverse, reverse.
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NAZ is only 100 points or so above past 2 day highs. Not as bullish as it seems. FED Chatter starting to poo poo the run.
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To make your life easier, white arrows are adds (no Yellow Short line), just stay with it. I would see a better short developing near/under 13222
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13222 Short working back to each white arrow.
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Most traders are looking Short, scalping will work out should you play Pull Backs on Longs. I mentioned on the IDS Update post that the hardest challenge is watching trades play out that you missed but had signal. Need to be quick. The missed trades play out like losses (in your mind) because you know you should of had. NAZ back to 13222 after 60 point round trip.
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China issue developing, this pop may be just another Drop Offset. At Fib Level ,382 now. The lift is a strange one today with all negative news, this is nothing new and would not chase here. NAZ only 120 points higher than 2 previous highs (or 3 trading days).
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Next Short may be at 13265 or under, just a note.
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Time of day, NAZ will go one way or other for balance. Easier to drop a 100 or so than go higher. 50% fib in days would raise some eyebrows.
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Price lifting on Flat/negative volume is not good. Can not keep up or will drop.
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This drop may not come back, Jack.
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Under 13277 is Head Fake, Jake.
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No volume = prop when price rises. Watch Ticks here and loading up Short is the play. Doubts this works for them, although the BTD wet nose may fall for it.
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The under 13277 are scalp trades, close when they retrace and repeat. Holding is another option, this will miss out on points though.
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NAZ keeps hitting 275 it may eventually pop through, FYI.
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you can short just use a stop or go long on other side with stop. one of the 2 will work.
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NAZ 370 points at primarily 1 way, look for NAZ to add another 100-200. Direction is the key.
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NAZ is testing 277 from above, needs to hold.
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13222 is in sight.
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no trade just guessing
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very orderly PA today, not normal.
Trade closed manually:
no net positive volume here, odd. When all signals lead to a rise, we are stretched.
back under 277, and it tells you nothing? tempted to go long into O/N prop express zone.
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Does this look Vertical? Retest should b next.
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70 point drop at close. NAZ is trading like Currency this summer. You miss a move in 10-30 minutes 1-2 a day and you missed the majority of the days move. Recent pop is 150 above prior 3 day high and sitting on Fib Level. Easy target for way up, lets see if the VERTICAL move can continue. USE IDS, it is easier when you get 2 way movement.
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