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MAZing
Apr 12, 2022 11:25 AM

NQ Range (04-12-22) 

E-mini Nasdaq-100 FuturesCME

Description

NAZ gets the 3AM Prop (drop offset), these tricks work. Yellow is Range with potential Pop where White goes up to 14120. NAZ still in Channel and may struggle to pass 14040 60 level, this may be the preferred Short Set Up level today. Lower thick TL is a long term, today and tomorrow watch for Short Set ups and Rally selling. Mentioned 13920 in yesterday Post, we may see it again today.

Comment

EU markets are lower, Asia was mixed and the NAZ has been propped 150 points for what reason? See the game. NAZ should drop to 14000 and decide next move.

Comment

All Overnight PA, lets see how it holds after Open. Would not be surprised if 100% of drops. Great Short Set up form another POV. Should Open Session actually move higher, I am not chasing.

Comment

Short Set Up Developing, this is how it starts. Watch 195 as level to pass.

Comment

The yellow lines above are yesterdays 1st 30M Top/Bottom. 14312 is next one up, a pass of 195 will try for that and no pass is back to 14100.

Comment

Move above 14195 looks mechanical, these usually are clue of Prop Top. Reality is that the NAZ is a 1 way index, the Short may be out today and Ride the wave higher as it may keep climbing, just keep that in mind. These NAZ is down 1,000 points (after this pop from 13900).

Comment

TLX 14270 is a Key Level up here.

Comment

14195 Hold is bounce to 14270 and 1st test.

Comment

14140 may be a Long, if this market is not totally FAKE

Comment

14195 pass, stay Long. NAZ will float to 14270 through Dead Zone. No Shorting after this recent Drop Test. Next Short Zone is 14270

Comment

MAX lift may be 14312 today, needs to pass 270 1st and then watch that level.

Comment

Short to 195, no pass of 14270. No strength Open NAZ is showing signs of returning here.

Comment

Stepping away, Stalling NAZ is a Falling NAZ. Watch out for mystery moves to upside today (if you are shorting).

Comment

14195 Hit on Short, no pass of 240 is next short to 195 then 160. 195 0r 160 hold is a Long.

Comment

The Overnight Prop began at 14050. This is the true base, since the Open session the NAZ has gone nowhere. This is all prop on low volume Overnight. These are the tricks that can fool you into Long Traps and such. They do work and move the markets, eventually they bust or break down. This one looks weak, probably good enough to fool the market during a Holiday week.

Comment

Long at 14180 target 240

Comment

Add on Long above 14100

Comment

from 140, 195 test, pass is to 240

Comment

195 hit, No strength NAZ. Overnight is the Prop that skews the PA.

Comment

Zero strength NAZ, breaks below 14100 and we go south.

Comment

Back to Chanel? 13920

Comment

Downside PA is much faster than Long side.

Comment

14100, Yesterday Mopping Zone. Under is Bearish.

Comment

Next lower test is 1040 and Long above/near.

Comment

Long above 14080 for pop to 14120

Comment

14120 hit

Comment

14120 is 1st 30M bottom, must pass or shorts away.

Comment

Hold above 40 is a Long

Comment

Long at 40, close stop

Comment

Add long at 14000, close stop

Comment

target 14060

Comment

This was a Long set up so far. All indexes are now flat.

Comment

Stops hit heading to 13920

Comment

Bear confirmed, Dead cat bounce maybe.

Comment

Some divergence on Drop, may see a bounce.

Comment

Strong Long above 14000, likely

Comment

NAZ did test 13920 and will now most likely retrace back up, today or tomorrow.

Comment

Issue this week is with low volume and easy manipulated markets. Look long balance of the week. Overnight will be Long Bias and all get a nice Prop into Friday.

Comment

Stop management is the problem today, if you are counter trading. Likely a bounce into close, mopping until 13860

Comment

13950 may drop to 13920 and bounce.

Trade closed manually

20-30 point Scalps are all that worked today if you were counter trading the drop 2PM CT was NAZ turn to Long Side. Stay looking Long, Propping to follow balance of the week.

Comment

Just can't believe how transparent the Propping has ben lately. FIB .236 is just below and if you get under it will get real. No prop and we are there now, you can see why I focus so much on the fake PA.

Comment

As predicted, prop session. expect drop by or after open and by. Close Overnight on stall.
Comments
azizlimiteds
Trade closed manually: 20-30 point Scalps are all that worked today if you were counter trading the drop 2PM CT was NAZ turn to Long Side. Stay looking Long, Propping to follow balance of the week. ????? should we stay with Long for today ????
MAZing
@azizlimiteds sorry, saying long for close and prop session in overnight. Most likely long for balance of holiday week
azizlimiteds
@MAZing, sorry brother i didnt get you i just asking sould i stay for a long today need your suggstion please...
azizlimiteds
was reading your last comment, you say we should stay with long in Naz for today if i am not wrong ? please assist
Ahmed_M_Soliman
What is the "transparent"? apology for my ignorance :(
MAZing
bonnenul
Just today, not tomorrow..... a good place to buy.
bonnenul
It seems drop again tomorrow. Im sure there will ba a new low tomorrow now. No strength.
azizlimiteds
hi to everyone .. Is that a W on M5 im watcing
MAZing
@azizlimiteds, What is M5?
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