Just a feeling and sticking with it. Price action can be misleading, I think the NAZ needs to retest below before it gets higher. Overnight trading will be key. Long weekend coming up and Friday should be light. Thursday should be a good mix of buying & selling.
Comment:
Watch for the Flip, 2 attempts today. NAZ has been riding the TL for 3 days, not characteristic of this Index. A break below could be deep.
Comment:
I will be in and out today, NAZ should play close to my original Chart. The EOD may have a bounce back up from lower level. The 13640 20 level could also generate a bounce back up. May or may not see big push down lower, the TLX is hold.
Comment:
Updated chart, if NAZ stays in 1 way mode this is where it could end up.
Trade active:
SE1 Long at 13630 Target 80 and close. SL 25 Back
Trade active:
Cancel SE1
Comment:
This could be Short set up, out of office now.
Comment:
Previous Short was accurate and was PB for Long, NAZ may or may not retest bottom. As I stated, NAZ needed to test lower to get higher, may see another PB, looking Long. 2 Way Day, nice.
Comment:
All 4 are at highs, should they PB this would validate a short. Should the upward movement continue, I would anticipate it continuing through tomorrow.
Comment:
last 20 minutes, Big drop on all 4, TY is down. Move up could of been test at upper level. Short may still be in play, choppy.
Comment:
Look Short under 13705.
Trade active:
SE2 Short at 13725, SL 20, We may see exit trading.
Trade active:
SE2 Cancel
Comment:
13705 divergence for Short, watch.
Comment:
High Neg Ticks, Too quick today, you need to make your own trades, can type in. These are scalps.
Comment:
Pick a corner?
Comment:
Long above 91
Comment:
Looking to Long for run up to top and top corner. Could go either way. 91 - 05 is channel. NAZ taking upper TL to corner.
Comment:
middle of TL's ? On Way
Comment:
91 did hold for some scalps, Choppy.
Comment:
44 should hold.
Trade active:
Long at 13644, wait until 20 after HR
Comment:
High Risk, thought we would have sel off could get bad.
Trade active:
Long at 44 Cancel.
Comment:
Stalling, High Neg Ticks may come in.
Comment:
44 test must hold. If Not stay Short if you are.
Comment:
Last 5 Min of day may change direction, 100 PT tight range, may see snap back.
Comment:
Probably good for long her at 50 - 45, close SL watch ticks.
Trade closed manually:
2 Way Day, Close did not look real strong on upside. NAZ closed under TL. Today was scalps. Did not post as I can't type. Short under and Long Over, when I post under/over. Get in and out on chop. You should of had 40-50 Pts on a few. Afternoon sell off, was just divergence, I was out when it happened.