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May 22, 2022 11:08 PM

NQ Range (05-23-22) 

E-mini Nasdaq-100 FuturesCME

Description

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.
Comments
azizlimiteds
It is supposed to be near 10000 by now let see what is next not sure... just be careful it will spike 1000 to 1200 points any where
Sondd-VN
@azizlimiteds, You mean 10000 or 11000, Bro ? 12050 three tries but failed
azizlimiteds
Nas range changing 12200 to 11200
Sondd-VN
May NAZ retest 11500 ?
azizlimiteds
@Sondd-VN, not today may be soon not only retest will go more lower .. news are getting worse then b4 day by day .. USA fully involved stepping inn every where so they not care where stock market is .. priorities are changed
azizlimiteds
May be it will fake out the seller and bring long stay calm this week will be tricky
azizlimiteds
Be careful it has a range of 1000 points from 11500 to 12500 have patience and take short from above
tt10001
I hope for the best but I do not think so. Strong movements but
Could change very fast
Princesslv
You meant the half part of the arrow white color is long? or above your white trendline ?
vineover
short at 12080 resistance?
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