Expect a Prop bounce for Monday and failure to climb, later in the week. Thick White TL's are the Zones. Will update on daily, as we go.
Box Chart
Box Chart
Comment:
Expected range for Monday (between yellow lines), near lower yellow line and hold is Long and near upper yellow with a stall out is Strong Short. White arrows show days with major moves Up and Yellow move Down.
Comment:
4-4, NAZ may drop to 14865 or 14840 for an attempt at Drop/Pop, at 14910 now. Long above 14865 today.
Comment:
Small drop to 79 from 14910, under 14915 is stall signal back lower, may see 14810 again should 65 not hold.
Comment:
NAZ may test 14981, 14931 and 14883. Most likely 14940.
Comment:
106 may be limit high, play zone back down (Only if stalling over long period)
Comment:
15106 High now test to 15058.
Comment:
Stalling, may drop some,
Comment:
Algo day, not much on down side. Only quick drop test to near Top1st 30M.
Comment:
Updated Chart with new High Turn.
Comment:
4-4 Overnight, I doubt that NAZ passes 15205, good Short entry point. If pass, may try for 15291
Comment:
4-5, NAZ on track.
Comment:
4-6, NAZ hit lower target. May follow TL lower or retrace some.
Comment:
4-7, NAZ bounced off 14310 during a strange session. 4-8 Overnight is attempting a AM Prop Lift. Friday and final session, may be ugly or attempt 14689.
Trade closed: target reached:
NAZ played in the Zones. Will update next week.
