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HK_L61
Sep 16, 2021 2:54 PM

NQ - December CT Range expanding as Sellers prevail  

E-mini Nasdaq-100 FuturesCME

Description

There is simply far too much Selling into any move up during High Participation
TimeFrames.

Chopping within these ranges are clearly Distirbution Patterns which prove to
contain Price.

We see this in the 2/9 move to 300 and then wild swings as the Algos are attempting
to compete, there are two timeframes they are attached too.

There is an intense variable over the Trend, the larger TF and dominate Algo is
clearly winning during RTH High Participation.

It will not be until EY Session closes this resolves for the ST Algos.

The VXN indicates the very clear BID for protection, it can only be squeezed as
VOLUMES DROP OFF.

OBV has been extremely Negative after yesterday's positive breadth expansion.
antcipated - Flash Crash.
Comments
UnknownUnicorn11430563
You say very amazing thoughts! I love you ideas, even if not understanding of it I get this ideas very basic and I learn. So always thank you.! ❣
Swap919
was very skeptical about your strategy this morning, it looked off early on, but
then.

nice work hk, very nice. i am impatient to hold long.
HK_L61
@Swap919, slow markets usually create SELLERs... it is simply fuel for RTs higher.

It's been their trade when Insitutions need to sell.

They're looking for a Level ahead of the FED, what it will be... we shall see.

It is not a BTD issue, but one where the cometing Algos take turns.

Patience always wins, get some :)
RT1050
Not sure if next week sees some real NQ red or if the train is starting again to 18k. China may be black swan but so far blinders. Real events in previous administration would give us -3% days. No more. All part of the plan. Market destruction
HK_L61
@RT1050, We'll know soon enough and Position for it.

Flash Crash imho, this is not sustainble in any way for now
and will fall hard.

SELLERs are everywhere, snealing out without creating Panic...

All I see.

18K, not until a correction - 4/5
HK_L61
555s next... one by one they are primed for Objectives.

Slow burn into the Liftoff as the VXN trades 19.76s by 8 Front Run, break the 76s and it's 555s
HK_L61
525s will be attempted, VXN broke lows by 4 Ticks, 19.76 nex support.
HK_L61
@HK_L61, broken 555s
HK_L61
Closed NQ 33s at TGT .618 - VX Grinder South, VXN approaching retrest of Lows @ 20.12 ~ 20.36.

Large reactions anticipated as we close in on Lower Ranges for VX.

It has beena slow grind up into the Level to Level Ramps.

Going exactly as we setup in Trade Plan.

Ranges cotinue to expand for NQ @ 225 - 637.5 / 400 + Ticks
HK_L61
VXN, Objective remains 20.07, indicating the NQ Squeeze to 450 - 468.
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