MAZing

NQ Short (04-18-23)

MAZing Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Today was a total waste. We got lucky with the Magic Long, not sure that continues. It looks like the NAZ needs to Drop in order to get any Pop. Long work as the BTD/FOMO's have one one play, when they stall the NAZ will drop. No Yellow Arrow, just plat the KL's and SZ's.
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O/N rigging UP. The Short would be after the O/N Rig and near Open or Open Range. The drop/test is what I am expecting, the O/N pop now is or was expected.
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From 13166 would be a 100 point run to 13266, look Short as the turns have been coming after a 100 point run.
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White arrows are Long adds, only Short below Red MA. Yellow arrow are Short targets. Only on confirm.
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Looking for Divergence to play out.
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13280, No Confirm. The O/N will most likely be the high of the day and usually is. Yesterday had zero strength. Not sure why they are propping here in O/N, usually is followed by a Drop.
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I am out until mid morning, NAZ above 13250 is expected. Sideways from 250 to stall high after Open. Short may not develop.
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40-50 point sideways out of Open 250-300 is channel for break out.
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Look Short under 300 no pass. Another Prop Drop Offset in the O/N.
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Like I said Short after O/N Pro in Open, This one my not pop back up. I will be back later.
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Divergence Short did take off from 13266
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Just getting back, You should off taken profit on Short at 2nd or 3rd KL 165 hit.
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Watch for sideways at 165 to 200, next 100 point move out of here.
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NAZ is moving slow. Upper arrow is long or short because bottom arrow is above zero line.
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Above could turn into Long Pop should NAZ turn white. Not a good trade unless you shorted at 13200 ish
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With these, you have to watch the Ticks.
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165 may pop here
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Plays
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13180 looks like a hook Short, watch the Ticks. May see haed Fake Long with Ticks just dropping.
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165 to 195 is No Trade Zone until break out and retest.
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Above 180, just can't see the same old Drop/Pop playing out, again. Sees too easy. May need to go deeper for better bounce.
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13180 did Hook Short and is 40 points below at Bottom of yesterday 1st 30m
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O/N lift was just another Drop Offset, you have to wonder how much longer they can do this?
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I think that everyone is expecting the big lift in final hour or so, not sure today.
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141 bounce back to 180, No Long unless above 13200 after retest
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13210 or 13120 are next Targets, SZ's
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Looking back at today (and most days), the best or easiest trades are KL's in opposite direction. 13300 Short, 165 had 2-5 Long Scalps and 141 Long. Keep this in mind and review prior posts. Opposite direction is NAZ moving up ti KL (No Pass) go Short. Reverse when NAZ is dropping. Open to final 30 minute chart below.
Trade closed manually:
Closing here, will update tomorrow.
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