So the final 1 hour, 300 point Prop, on a Friday was the Bottom? OK, white is Long and yellow is Short. NAZ may test Box Top during Overnight Prop session. Look for retest below, prior to Box Top Break. No Pass at 11950 is 1st sign of weakness, NAZ may need to drop/pop a few times to get through. 1180 is 1st drop/pop bounce.
Comment:
Rejected at long term TL and now near 11950. Looks like slight struggle to get higher, not usual for Overnight Prop session and may be sign of weakness. I just get the feeling at the 1st stall or 2nd attempt higher fail, the NAZ will just snap/break lower.
Comment:
After 12050 level sell off, NAZ under 11950. May target 11850 for bounce.
Comment:
Will be out most of day. 11800 and 11700 should be in the mix today with test lower of bounce attempt.
Trade closed manually:
11800 bounce was only Long play.