NAZ with sideways week (after Monday O/N Prop high) and closed near top. Friday PA was push pull and then just floated high with zero selling. Next upper targets are 11,600 and 12,000 should NAZ break channel. Stalling now or at levels mentioned, could develop a new lower BOX and back in channel.
Comment:
Inverse H/S, did not see it coming on Friday. Upper line is 200 day on 4 HR.
Comment:
NAZ rejected at New Box Top and back in MOP. 11260 may give support.
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Should 11260 hold, next upper test
Comment:
11290 is now support with upper test targets
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11357 Hit, Long From 11261 or 90. New MOP may be 11357 to 11415.
Comment:
11221 is Lower support and Long above/Short below. Open may shake NAZ lower 11260 test or 11220. Have a great day, I will be out mostly.
Comment:
357 to 415 MOP is developed and NAZ in MID. The oval is the main run up fro 260 level and how or what you are trying to trade. IDS does help with predicting next moves. The rotation around any Mid MOP level is somewhat noise or head fakes. 380 is level to watch.
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MOP bound. If you post calls include all items.
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Recent Opens have been extremely narrow. Stalling is falling.
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NAZ staying in New Box.
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11345 was bid Short on Friday, see the set up as the 1st 30M of O/N did nothing. All set ups and drop offsets.
Comment:
11260 Hit, watch 11220
Comment:
Back in MOP and staying in Box. DZ Drop Offset failed at Top 1st 30M, may fall.
Comment:
As I said out today, checking in. I would stare at my screen a lot my 1st year of trading then went to overtrading. Now I try and get high probable moves with typical 3 contracts. 427 is target for test, no pass look Short.
Trade closed manually:
If you post calls, include all items. Many new followers. 427 is a set to a Short with target being 11280. Good Luck for balance and execute your trades.
Comment:
Go or Stop out, Head Fake is expected. "Air Pocket" developing, just watch this as it may play out.
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FNG1 is -2.50% and is the reason looking Short. Looking for a DZ Snap, Long Trap Combo. Also M on 30M. Just an idea and may or may not play out.
Comment:
Watch Ticks and head fakes. It is starting to do something. You are on your own, OUT of office.
Comment:
NAZ hit bottom of white Box and bounced, now out of yellow.
Comment:
NAZ rejected at Box Top and back in Mid Box.
Comment:
10693 KL did hold and NAZ box above.