MAZing

NQ Targets (04-28-22)

Long
MAZing Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Current move was called in yesterday's post after the close. 13520 is the upper target today. Expect a pull back near/after Open and then a bounce. The Overnight has been a reliable exchange/system for the Pro's to move/prop up the NAZ. We may see sell off in Open as the heavy volume is harder to manipulate. Regarding the NAZ with a potential redirect today, it does not take much and we may see a multi day run here. The PB price action will be the key today. Note, previous Overnight props have been 100% sold off in Open Session. This will have to change today.

Box Chart, NAZ back in.
Comment:
Looking like the typical Prop and Drop, watch the orange Diag TL, NAZ usually can't get passed these.
Comment:
Just unreal how the Prop/Drop keeps getting used to Offset the decline. Rigged, may see mystery Pop today and big decline tomorrow. They will continue to confuse us with off hours games.
Comment:
Not trusting this bounce, 150 points when FB reported 30M pop and 200 in Overnight only to fall back down, looks like propping. Why does the NAZ not go up in Open Session? Watch the 1st or 2nd Stall if you are Long.
Comment:
13253 is Key Level today, Long above and Short below.
Comment:
Under 13253 and has not passed Orange TL, another Prop/Drop. Play 1st 30M after 1st half hour. Advise looking on Short side. Only reason indexes show gains is because of Off Session Propping.
Comment:
PA is crazy today, Ticks have been running -500 plus for days. Any lift gets sold, stay on Short side and watch for the Pop Snap, I just feel that there has to be a Long Pop in the True market/session.
Comment:
Pivot at 13216, Needs to pass, then 253, then 281. No go it is coming back down. This lift is most likely a Short set up. Again gains are from Off session PA, not a sign of strength or conviction. Any rally will most likely be sold by the ones with conviction (the Sellers). Stepping away, made trades in Overnight (much easier).
Comment:
NAZ trying to get higher, may drop to 13097 or 80 for a bounce. This would be one of few attempts by EOD.
Comment:
Hitting Targets mentioned, All in Dead Zone, may not Hold. The Open and the Close are the TRUE indications. Not Dead Zone or Overnight, Long here with Trail.
Comment:
We are only 40 Points above Overnight High at 13390. Not Real Strength, although this trick usually works for a day or so.
Comment:
NAZ falls out of Channel, we will have a Long Trap.
Comment:
We had Heavy Volume yesterday, today is decent volume. Could pick up in other direction if NAZ stalls.
Comment:
PB or Short is Developing at High
Comment:
Needs to Stall at High.
Comment:
With High Ticks.
Comment:
Divergence developing, 520 and 615 are upper targets. Divergence may see drop.
Comment:
Algo's are locked. 2-2:30 CT should see drop. If not going higher. Trail Long is best play.
Comment:
425 is PB support
Comment:
520 Hit may see selling
Comment:
Shorting for PB.
Comment:
Not much PB, 1 way NAZ. Will cover at 530
Comment:
got to 475, one more push down.
Comment:
Adding to short.
Comment:
Stop hit, may reload. Only if you have profit.
Comment:
They are thinking ER's will be good.
Comment:
This was expected after so many days of selling, this will fade in next few days.
Comment:
Reloading past close, only with profit and stop.
Comment:
The NAZ has Zero Strength is True periods of day.
Comment:
Zero
Comment:
Only strength is Dead Zone and Off Session.
Comment:
Target 365 on Short. Then bounce.
Comment:
Trailing Short, PB Zone.
Comment:
Zero
Comment:
Zero
Comment:
Long Trap.
Comment:
Zero
Comment:
ZZero
Comment:
Target HIT and holding.
Trade closed: target reached:
Zero, Great day. 2 Way is back.
Comment:
ZERO
Comment:
It will be interesting on how they try and prop this up tonight. Limit down?
Comment:
DCA the Prop.
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.