NAZ in a Range today as it decides next move. Expect tests below near yesterday & Overnight low. Look for any stalled rallies to be sold. TLX's have been reliable as targets and reversal zones. Last 2 nights, much action in Overnight. We need to see some strong buying conviction after the Open today. If not, get ready to Short the NAZ .
Comment:
Choppy, no clear direction may see mystery float up.
Comment:
Slow lift is as good as stall, the Pro's will push higher quickly prior to drop so cant short just yet.
Comment:
Short set Up, let play out. Need confirm.
Comment:
White arrow is quick move set up prior to short.
Comment:
2nd yellow is your short entry, after quick fake move.
Comment:
Rolling over, stay short under 365
Comment:
Fake lifts and whipsaw will get most retail investors to buy this, it may work and get the NAZ higher. My stop iis just above entry, 375 will go flat if stopped.
Comment:
Yep, sucked them in and now they are trapped.
Comment:
If you are short, let it play out, other indexes lowering and neg. Target TLX's on way down. Short under 321 now.
Comment:
Comment:
Short hit TLX, reversing here.
Comment:
NAZ just tested yesterday low and should rise after passing TLX.
Comment:
Cover any shorts and go Long. Should lift back to 321
Comment:
Long Set Up, Need Confirm
Comment:
194 should hold.
Comment:
Stepping away. Just like at Top with fake dart type pokes higher, the same thing will happen here at 190 - 160. If you are going Long, only buy on Red Bars of IDS (not white). Use stop as we are going in Dead Zone. EOD should be higher today since 10YN is not dropping and Majors look OK. If going lower, may see lift, stall, fall prior to drop.
Comment:
Look for these, Dropping price/rising MACD. Buy on decline with target to release at or let run. 50-100 pointer depending on price/close.
Comment:
I am Taking profit at near TLX 321, this move up looks a bit fake/mechanical.
Comment:
Circle below could be an issue, price will drop quickly. Let play out with Stop
Comment:
Reversing at 321 or closest. 50 stop on short.
Comment:
Short to 294
Comment:
Closing Short
Comment:
NAZ may be getting ready to RALLY Up. Going Long above 76
Comment:
396 Long Target.
Comment:
100 point moves are everywhere, VIX up is great. Trailing up on Long. Add on Reds, use profit, Risk Free. Short Shake out is next attempt.
Comment:
Logic on next move. Should NAZ break 321 then 396, it will confuse everyone and then the next Short will be major. I do not see a major Short from this level, needs to get higher.
Comment:
Added 3 Long from 300 to 55.
Comment:
Add all the way down to TLX 194 with stop 50 below or place stop at Break Even.
Comment:
Comment:
FNG1 is up, NAZ should follow. Have to be crazier than the NAZ to beat it. This may bust but you should have profit to play with.
Comment:
Looking at this. It will wiggle and try and shake you out.
Comment:
Add here at TLX.
Comment:
NAZ is going higher or back to 321. 35, 75, 321. Stop at 35
Comment:
Should be final shake out. 2pm may be crazy and get stopped, will re enter Long.
Comment:
Look for a decent bounce here at 70ish. Moved atop to 00.
Comment:
Should of stayed with reverse to TLX and then Long, got excited.
Comment:
Typical dead Zone. Just tossing it around.
Comment:
Mopping up, could be or not. Next move is usually opposite direction with some force.
Comment:
Yep, moving stop to Break Even. TLX retest then Rocket.
Comment:
Price action is like a bottoming play. NAZ should turn soon. May be tonight or tomorrow.
Comment:
NAZ only 35 points off, will be viewed as bullish by many, they will come back in by close, maybe.
Comment:
Stop at 00, added 5th.
Comment:
079 in play.
Comment:
Stops off.
Comment:
Go Long.
Comment:
adding 6th at 20.
Comment:
Algo's are running, should bounce after close.
Trade closed manually:
Ouch, gave back a few days. Will let play out. Stop at 15000. Happens to us all. Still think Long is next big move.
Comment:
Way more sell orders than buys.
Comment:
Lesson 1, do not move your stops.
Comment:
As you can see, IDS signaled short 2 times. Stay with the system. I should have been watching this.
Trade closed manually:
Still active and posting Long call for 1/20