NAZ is exactly at Mid Box (No Trade Zone). Yellow lines are range of day and pivots, Long above white TL and Short below. Think the NAZ heads lower, mid to late day. Just not feeling it for the Long side. Below, NAZ near Mid Channel (YTD), was calling for a drop or some resistance. Flip side, may be early with drop as it may happen should NAZ hit 12,400.
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NAZ basically tested Top 1st 30M (yesterday's) and bounced, it should do it again near/after Open or at 129 - 150 zone stall.
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129 stall and rejected to under Top 1st 30M. Below White TL. 1 Way South should be play today after 1 more Pop Test.
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My yesterday shorts just a bit early, that does happen. Today will be a decent short side run should NAZ stall or go sideways. This drop will lift some.
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Long Trap Zone, these are unhappy people and will sell out should NAZ approach Break Even, Push it back Down.
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OK to Short under 065
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Should retest 950
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Now or Cover at 65
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65 Short On with 30 point Stop
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Long Trapped selling Now or stop will get hit
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95 was close, should be good for drop.
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Most Long BTD's are onboard, should start lower
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1 way, walk away and trail lower.
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Trust Your System
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Trail hit at 12020, flat. Will reload at next stall.
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Trap Zone my buy this time?
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Stay leaning to Short side.
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Stepping away, Many Big Tech are down a lot, may see drop here at 12065
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Short it back to 060, 30 point stop above 130
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Today's Range is correct. The Shorts are not Holding. May see 129 and below drop.
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Pivots are dead on, Keep playing from point to point.
Trade closed manually:
Stepping away, have Great Weekend.
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Had to leave early today, did not miss much. The IDS was accurate with pivots and turns.
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11800 is the next lower test zone. The White long circle was the congestion zone this shortened week. Not any real power on this move.
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Prop Zones:
I talk a lot about Propping and the Overnight, the Circles are zones that I look for and usually will not hold when Price falls through. This week was well played by the Proper's (short week), Overnight lift's have been effective. Thursday's mechanical run was another one that I noticed and was shorting. Yellow lines are Targets on way down, should the NAZ retest. 11727 seems to be real support.
I talk a lot about Propping and the Overnight, the Circles are zones that I look for and usually will not hold when Price falls through. This week was well played by the Proper's (short week), Overnight lift's have been effective. Thursday's mechanical run was another one that I noticed and was shorting. Yellow lines are Targets on way down, should the NAZ retest. 11727 seems to be real support.