MAZing

NQ Range (01-11-24)

Short
MAZing Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
NAZ near 100% recent drop from ATH retracement and done 1 big day and a few other O/N & Final Minutes of the day moves. Just not buying the real strength, more like typical games. FA's were taken out all the way back up and now we have a big one at 16600, just watch that level should this break out of the channel. O/N Range is exactly the same as yesterday (100 point move) ML of O/N 16997, KLOD is 16910. Look for 16940-10 to be retested and watch the FA at 17060 reaction should it get taken out. I will update on Teams.

IDS20 Yesterday to Current. 16808 Long was Dead Zone snail with final minutes drop/pop into O/N 1 way Pump/Dump. BTD/FOMO 2024 and Forever
Comment:
4HR, previous candle is signal for drop or CPI knee jerk will pump/dump from ATH
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2 Yellow Arrows are typical 1st Prop Set up from EOD Close to 3am CT. Usually O/N High and next redirect (Red Shade, 7:30 am CT) , then Reg Session Open, then Dead Zone (after 1st 30-60 minutes). When a lift (trend up) uses games to get there, it usually sells off or will drop test at the least.
Comment:
NAZ out of Channel
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Previous lifts look like drop offset lifts at this point.
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Downside drop targets 873, 845 and 800. Needs to stay under KLOD 16910
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44% more volume today at this time yesterday, selling is the difference and big increase. May see some up and then 1 way lower at any stall out. Good Luck today, going private.
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Circle may be a direction flip, watch at no pass or struggle. May take some time and careful with BTD today.
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Other signal is any Push/Pull Price Action. Best indicator of selling and we have not seen since recent bounce.
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No significant FA's above (Failed Auctions). FA's below may now be easy targets.
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Ticks show the 1 way on the way
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Push/Pull is next
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Ticks solid negative, 16910 test is next. Stay Short under or at rejection.
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Dead Zone will attempt the lift after 1 hr.
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910-16980 is normal area and no pass is Short. This may go on all day. Volume is still 40% greater.
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Deeper idea of move (over next few days). Only if it stays under 16980.
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At KLOD you can see how the O/N lift was used to drop offset the 150 point drop as the NAZ is only Neg 50 points here. Games will continue and the idea is the Long Trap on the BTD/FOMO's
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Just remember that the NAZ is a 1 way train most of the time, this trend today may just keep going and usually does.
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Choo Choo Train of BTD/FOMO's going for a ride
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Vol is pretty much still above average, train may pick up speed. Back later.
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Today is an Outside day reversal. Just thought that I would pass along. BTD/FOMO Forever (on low volume, in the O/N and final 2 minutes of the close).
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At 16800, 16760-16840 is range to watch.
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Caution, Volume is way up and on pace to hit 1m. May get whippy with serious Push/Pull and VIX is actually up 4%.
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10-11 4HR candle up and 1-2 down to cover same distance. Just like past few dips.
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16840-760 range for next move.
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Monday high 16810 is level to watch and may retest.
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NAZ has placed a few 100 point moves and a 200, point to point, play them for 100 at a time.
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16760 to 860, another 100 point move. May drop to 810 and out or back up to 910. Or, 860-910 and back down. 16980 is upper test for serious pass/fail.
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Will check back by close, just keep in mind that the NAZ is under the KLOD and ML O/R and the lift up may be looking for contracts to accumulate to take lower.
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FYI, it is not unusual for lift on day like today to go back in Open Range and retest Mid Level for next move lower back to LOW, if rejection. Just keep in mind should rejection above happen.
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Just very unusual lift with Outside Day Reversal, combined. Not sure where this going and volume is still 50% higher than normal. Just another reason to scalp at Key Levels. Herr at 1:45 pm ct at 16960, look for 16980 to reject and send it back down and a pass may go to O/N high ot ATH, that move may be a head fake.
Comment:
4 HR update, Dead Zone and O/N periods just have amazing strength these days, do not short during these periods.
Trade closed manually:
Just scalp every move and get out. Not sure what today was, drop test and back up or rejection in O/R and back down? We know the O/N will jack this up so that makes it even worse to plan. Decent 100 point moves and ends the day flat, unreal.
Comment:
Got it. Monday is Holiday and we will see a Rocket Friday Prop afternoon with Sunday to Tuesday O/N Rally. Much or most of the gains with the NAZ is with the Tricks, Low Volume Sessions and such. Today was an outside day reversal head fake?? Show me another one of these.
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