MAZing

NQ Range (07-07-22)

Long
MAZing Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
White is Long target and Yellow is Short. White TL is Long/Short above or below. Tilting to the upside as the stabilization propping (Holiday, short week) price action did the trick. BTD's should really come in today. NAZ still in lower Box zone, may not be totally out of woods, so watch the rally selling should stalling stay sideways too long.
Comment:
Comment:
Comment:
11950 - 65 is the break out test zone. NAZ will hit and pass/fail for next move or re tests attempts. The Open is near so usual drop/pop may give a bounce on an attempt. Today is a key day for current trend.
Comment:
NAZ at 11985, Short under 12025 for test at 11920
Comment:
No Pass at 12020. Look Short for Scalp.
Comment:
Drop starting at 12000 or head fake drop.
Comment:
Now it should drop for Scalp Trade.
Comment:
No, Cover short close to 12025
Comment:
May see 1 way Long day?
Comment:
Stay short for now and raise stop to 35
Comment:
Only play on Short side is Sideways Stall to Drop, other than that this will lift.
Comment:
High is 32, Short still on.
Comment:
Will not chase if stopped. You are on your after until I re-enter.
Comment:
Out
Comment:
Last comment yesterday was 12050 and under NAZ will Rollover, This is what I was playing. May get another Shot here.
Comment:
1 more No Pass at 12050 and Short It. 11920 is target.
Comment:
2nd Short is on at 12050, 20 point stop.
Comment:
NAZ should drop here or pull Drop/Pop play. Looking Weak on Long side at this point.
Comment:
Ticks are getting High Negative, lest see how it plays out.
Comment:
Adding a 2nd Short at 12025
Comment:
Will drop 1 at 11950, stop on both at 65
Comment:
12065 Stop
Comment:
Mop Zone
Comment:
Stop Hit
Comment:
Most Likely 1 way day as algo's are on.
Comment:
Will step aside after 2 hits. Inch Worm Long Days are very hard as they just crawl. Not my type to trade, as you can see.
Comment:
OK, Should see a Dead Zone Rally or Drop, Going with Drop and will Short at 12095.
Comment:
Stop at 12115
Comment:
Have not done this in awhile, Will DCA the Lift with adding Shorts at 20 point intervals. 1 on at 12095, next at 12115 and 12135. will let these ride up to Long target of 12225/Stop. Feeling that NAZ does a Drop/Pop with no return up between here at Top. Downside target is 12000
Comment:
10YN is Dropping so Yield will Lift, This may be one item that will at to Inflation Risk. A stalling NAZ will take some Heat. Mentioned that today was a key day for next move. Going with Drop. Adding 2nd at 12105 and leaving 3rd at 135
Comment:
Wide EKG looking bars are usually a sign of indecision/lack of direction.
Comment:
Narrow, Only drop to 12080. Will let it ride.
Comment:
Top run is perfectly on TL, no normal and is most likely Algo's on Cruise.
Comment:
Stopped
Comment:
Air Balloon, will POP.
Trade closed manually:
For those that follow, Sorry about today, I called the Long and we may hit Target. I sometimes will go countertrend for no reason, need to work on that. Just feel that there has been some fluff and NAZ needs to retest lower some prior to further lift.
Comment:
12200 12300 is most likely max pop.
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.