NAZ bounce, Long above White TL and Short below. Look for NAZ to Drop some during 1st 30 minutes of Open, we should see some buying today.
Comment:
14800 is target on upside.
Comment:
Choppy, not sure on probability today. NAZ continues to be tossed about.
Comment:
Choppiest day I have seen in a long time. You would think the NAZ would be up much more as FAANG are doing well. LONG this with stop, I think we will see a Rocket Shot by EOD.
Comment:
NAZ floated up to 14800 and may drop back to 14720. NAZ has been in the relative same range in the chart attached. About 200 point area. NAZ may not be out of woods just yet.
Trade closed: target reached:
White TL is hit, needs to pass.
Comment:
The major's look like they have some room to bounce back up, look long early next week as that is the probable next move. Not so sure with NAZ.