MAZing

NQ Long (5-5-21)

Long
MAZing Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Big Action Today and Bigger Reaction to follow. NAZ will need to pass 13600 and climb towards 13700. Buy dips over next day or so.
Trade active:
1st PB to 12530 Long, EU up wide stop.
Trade active:
PB Support at 13580, Look to Add to Long.
Trade active:
4 Index Chart, NAZ & Russell should have nice rally.
Trade active:
PB Support at 13600 95, Should see drop to level at OPEN.
Trade active:
Close Long at 13660
Trade active:
PB Support 13575
Trade active:
2nd Test of 13530 Level, Long At Level or any above, back to TOP
Trade active:
Stay Long Bias, this is just a push down test to see if NAZ would go lower, prior to big move up.
Trade active:
13600 pass then 13620 then 13660. Targets on Long.
Trade active:
13620 Hit
Trade active:
13620 new PB Support.
Trade active:
Another Test lower, stay Long
Trade active:
Add Long at 13550
Trade active:
Keep Longs until Close.
Trade active:
Target 13637
Comment:
PB to 13570 Add
Trade active:
Place stop at 13525
Comment:
Should be last PB, or the direction will most likely not turn positive.
Comment:
Keeps bouncing around 13540 & 50, may pop up, if not SL
Trade closed: stop reached:
Stops hit on Longs.
Trade closed: stop reached:
As bad as today was:
Long 13540 to 13660
Long 13550 to 13620
Stop -25, -45
=+120 on -40 day
Stay positive, Higher Highs and Higher Lows, Look Long tomorrow.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.