Monday is new month and new money, should be bullish even without Overnight Prop. White Line 13124 will be the 1st upper test and Fib Level 13244, should NAZ pass. May be a 1 way day. 12822 is TLX and Box Top, NAZ bounced off this 3 times, failure and 12606 is next support. Yellow Box is the Overnight Express Zone, NAZ close anywhere in here Monday, Monday Overnight will Prop big into Tuesday. White Diagonal TL is the Trend/path higher. At this pace we can get to Fib 50% in days. Still looking for Tuesday to the retest or selloff day. Just remember that a big action creates a bigger reaction just like March 15th Run. Linked charts are still active.
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Morning Open Range
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NAZ staying in Open Range, 12744 has a Bullseye on it. Look for Short Target should we see sell off.
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Scalp day, use IDS 27 for early signals. NAZ not going anywhere today, especially to upside.
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NAZ just tested top of 1st 30M and bounced. Watch the level.
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No Pass at high and look Short.
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13081 Volume Divergence, may see drop.
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IDS 27 and 50 are showing Short signal. May retest 13025
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Ticks turned negative.
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13025 and under may be free fall.
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10325 Test
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Hit and pass 13025
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12960 nest
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13050 is next test.
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13080 to 25 was a take profit Short.
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NAZ is just stubborn and hanging around the 13020 level, may see Pop/Drop by EOD.
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IDS 50 is more reliable today, less noise. 12982 is mid level of day, may see Pop here back to 13025
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13080 Short to 13025, then 12960. Now Back to 13025 for final test and next move. Place stop under 12960, on long if you are taking. Not feeling a free fall, just yet. Watch 12960 level. Most likely they will grab stops and then fly up.
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Stepping away, you should be on Long at 12960 with close stop. 13025 is take profit. wait until 12:30 CT, if not on. Could be Head Fake?
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Called it early, need to follow the system. Sorry about that.
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Under Diag TL is a Short and above stay Long.
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VIX is popping trail Long and we may see a Snap Drop, On Long close 1 Long with 2 and you will be Net 1 Short.
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Should NAZ tank, we may see an outside day reversal below 12744. The Bullseye target. NAZ may have taken the BTD Sucker Long Route.
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Notice how the NAZ stopped at 12968, could be set up for Short to Bullseye?
Trade closed manually:
Looking for NAZ to get Propped tonight and will set up better Short for tomorrow pre open. Current Contract volume is less then previous 2 days. NAZ getting whipped around and could be set up with heavy down volume in next few days.
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Friday had some weak movement and today was even worse, NAZ may be getting 1 last prop and the reality should set in.
