NQ Long (04-06-23) for CME_MINI:NQ1! by MAZing

Why would they stop rigging now? We have a great set up for the perfect Rig Job (and they need this one). We have low volume, selling in both O/N and Regular Session and a closed NYSE on Friday (as the Jobs number is released). This is the perfect set up for a push higher, as nobody will be around to defend it. No Fed No Rally, NAZ will only climb on most O/N and off session volume. The NAZ is overlapped with other Indexes and is the best tool (NQ) to control momentum. Why did it pop from 12600 (the Danger Zone) to begin with? Why zero limit down O/N sessions in all of 2022 & YTD? Just be careful shorting the NAZ this week, I am expecting a push higher (prior to the next drop).

March 20, 2023 Chart
NAZ with 3 hits at 13020 and Top of prior Box. A break below would catch support at 12960 (most likely). This current 300 point dip will most likely be bought by the FOMO's/BTD's.

Comment:

1st scalp take profit and look to renter near 40. I would not short, just yet. 13035 - 110 is a well established up/down channel.

Comment:

Looks like magic level to pass for the Long Pop is 13080

Comment:

Back near Open, look for NAZ to break 80, try 90 and retest 80 for next confirm. No pass 80, will drop to 40.

Comment:

13050 is exactly Mid Level of O/N range, No Trade Zone in the ML. Wait for an edge to trade, Lower Up and Upper Down.

Comment:

13046 is Long Scalp back to 65, 80 test. Or wait until out of ML.

Comment:

13040-45 Long Good with stop at 30-35, looking for 30-50 point scalp. Worth a trade as not much moving here.

Comment:

Stop hit on Long -10, NAZ had many failed auctions on that move lower from 13045-35. Will most likely try for 13065 now from low, I can't update when I am trading. You can see that it hit all SZ's going lower and that move was really a drop/test long set up. Edge trade at low, 13020 going up or lower from here. Just watch lower yellow box.

Comment:

Updated SZ's

Comment:

NAZ hit TL and did bounce, exactly what we are looking for, may retest as we get near Open. I would think they may jump with the push now as NAZ has been struggling to get lower, 980 is KL updated SZ's on 30M.

Comment:

NAZ passing 13038 should try 65 and 80. Crazy that you have to go Long into a quick drop, every move has an equal counter so heavy Scalping today and you need to be quick.

Comment:

If you have a comment (I see 5, but not showing up on my end) I/M me as I can't see them. Maybe I am in trouble again.

Comment:

So 80-95 is key today, old VA top/bottom and NAZ will need to get through.

Comment:

TV is just becoming a distraction, time for a change. Back later, stay focused as it is light volume Holiday whipsaw time.

Comment:

Jobless number is only variable, NAZ not out of gate yet. White is Open Range and yellow is next drop test. They will try and shake you off your Long if you are on from lower.

Comment:

If you are using IDS20 and want to scalp and close, instead of holding, follow the arrows below. You would be flat here going into news, but may miss the pop should it happen. You would also protect or lock your profit on a drop.

Comment:

Weak shake out attempt #1, may see another.

Comment:

NAZ needs to pass and stay above white arrow or this is pull back to short set up.
Long above.

Comment:

I am having glitch problems here, looks like 1st bounce is off 12990 ish. Let it pop and look short on a stall out that really stalls or gets rejected hard.

Comment:

12955 should bounce, the white arrow on previous chart was drop/test long set up.

Comment:

Have to be quick, they are just throwing it around.