NAZ tested Box Bottom Overnight after falling through. 14100 will be strong resistance, if NAZ stays above red mid line on channel look Long and below, look Short. Chart shows no support below and heavy resistance above, Jobs number and Propping will have to be strong. You may look (expect a rally), this rally may sell off after Open. KL's 14234 / 14012, FIB levels in yellow.
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1 HR Chart
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Should NAZ approach 13780, May be good Buy Zone. Most likely after Open 1st 15M sell off.
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Range for now may be, Fib Level 13911 and 13777
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13880 looks like Good Entry for a Long, expect NAZ to drop 50-100 points and then look Long. Should NAZ not drop 1st and climb 100 or so, then look Short back to 13880 and then lower Channel test. Notice lately (yesterday Post) that the moves prior are set ups for larger counter move.
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Pop target is 14012 and Drop is 13880. 1st move after Job Release. Pick one.
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Charts suggest next move, maybe flip it as games will be played.
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1st move to 14012, no pass look short.
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Most likely today is going with Drop to or below 13880 to 13780, look for bounce at 13780.
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Go Short
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Cover at 13830, go Long
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Long Target 13925
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Look Long above 13777
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Should try and take out top Channel at 13950
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May retest 13830
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Like I said, range will be 911 to 777, play opposite moves.
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May go back down to arrow should it stall.
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Look Short under 13930, NAZ only at Mid Level.
Trade closed manually:
May see pop in final 5 minutes, to keep us confused/baffled. I am Flat. Have a Great Weekend.