Bigger Reaction taking place with help from O/N. So from Sunday night to Tuesday morning, we seem to have fixed the inflation drama, QT, CPI, etc. Again, most of mysteriously gains in O/N, kind of like Bigfoot (we can call it Bullfoot). The Bullfoot seems hide in the night and magically push the market up. All part of what I look at when forecasting. You need to know all the characters and technical & fundamental analysis to be effective these days. 5 Day Forecast below will have updates, also.
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Watch the Diagonal TL, NAZ struggles with these. When does come out, comes out strong.
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IDS 20 is showing better today in O/N.
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Back after Open. 11315 is KL, look for PB should NAZ stall. Pull Back, not Short.
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11315 may be GE for Short. Let NAZ run up to 11365 and see if it stalls. Usually if a Short is on the way, the NAZ will run in opposite direction (grab stops) and drop. Could be wrong as GS will be reporting. This looks like Drop Offset to me though.
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11634 is a Value Area, and not out of the question. 11425 break may air ballon up.
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GE 11315 most likely will be tested or used for bounce, after Open. 60 to 85 is sideways.
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Just hilarious listening to analyst change their tune to rally when 1 trading day ago they were bearish. Don't they see the O/N vs Open PA? This is just a bounce.
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Was out of office. The Red TLX at top was short entry and target is lower red line. The Diagonal TL is support or will try to be.
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GE did play out with Clean Out above and then back to and under GE.
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The O/N was typical Bullfoot drop offset.
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5 Day Forecast, Turn did happen and may retest back up.
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For those that are new, Take profit at Target TLX Red Line 11113. The Trade at TLX in opposite direction as inside move. The TLX will be retested over and over, keep scalping.
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Diag TL and TLX will battle it out, I am out (of office) until close.
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11201, maybe?
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Of bottom of 1st 30M
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Careful on Shorts, NAZ just had 70 point run in 4 minutes.
Trade closed manually:
Note: Most of gains over the past 2 days are from the O/N only. Most of selling has been in Open Session. 100 points in Open yesterday was only positive Open movement. This is most likely a Prop Job. You have retracement upward today only after a 300 point drop. NAZ is most likely rolling over, but you can see that games can play out to throw things off. Got my points and can not clearly see the pattern here, out. Real trading is in Open and Fake in O/N. Any rallies may be sold by the real traders and not Bullfoot. This slooow lift is not doing it for me, again games can play so it may magically run some. Most likely to offset next real money drop.
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Please feel free to post your trades. In and out.
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MAJOR divergence on IDS 50, drop may show up.
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MAJOR, breaks TLX and way lower.
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W on 30M, scalping is only option these days.
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OK, Long in O/N with Bigfoot.
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Rigged
