NQ Targets (01-06-22)

NAZ is well below The Box (11-2 through 1-5-22) and 7% off ATH. I am forecasting an 11% (my previous 2021 Year End Projection, 14850). The 12-20 through 28 Grinder Prop Days (7) get erased in 2. Usually 50% or more of the NAZ growth comes in the Overnight Propping of low volume futures. With out the Overnight lift and potential Overnight drops, you can see how 2 = 7 distance. All 4 Chart, other 3 have room to drop also. NEW TLX level at 15933, use as upper target & turning point should NAZ break the Diag TL. I doubt we see a Drop & Pop today, but we will soon.

Value are Zone/Boxes, Red Line is long term target and only 11% drop from ATH (reasonable and not world ending)

All 4 Update

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For Longs, 15680 appears to be strong support for bounce to 15760, then 15800

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80 Long Hit TL, needs to pass may hit 800 next, This is not a lie, check out the comment area today, WTF, Who is that guy?

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818 is High level and what In original chart, you may want to take profit here or hold for TLX above. This is not a Lie and was predicted a few hours ago, hope you are making money today.

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8 minutes and 150 points take profit here.

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These are not lies but rather facts, NAZ is starting to stall, snail longs are done for awhile and we will see some 2 way action.

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Enjoying the lies? Here is another, NAZ may try for 15720 for bounce.

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Lie Pie on menu today, here is another 53 is yesterday low and should NAZ go under it would not be good. Play day high and 35 for next move/break. Stepping away as I am up 200 points not a lie.

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The 720 lie just got real, just having fun. Those that can't deliver spin reality.

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15560, then 00 is not off the table:

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Good bounce 0ff 600, needs to pass 680

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Now 720

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Major bounce off 600, still in Mid Range so no clear direction. We may see bouncing back and forth in this range today until one breaks, notice how we are still under yesterday low and where did this pop stop, yesterday low.

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Temping to look Long, Dip buyers coming in (expected), just think it gets faded by EOD. Since already up on points just watching, be careful here as the NAZ really has not done anything today. Stepping away. FNG1 is off and under 200MA, VIX and NAZ VIX are up. If you go Long use TLX as close or potential reverse.

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If you are using my system, this is how a Shorts sets up, Red are targets.

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Not a LIE. Do not fall for Dead Zone tricks today. Today is a key day for the next big move.

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IDS

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Copy above,
White arrow BUY: NAZ needs to be White bars and above Yellow SMA, the lower white SMA needs to be under the Yellow SMA = Long Trade.

Red arrow is Short: NAZ needs to Red Bars and under two Red SMA's.

Mid Thicker SMA is your target for take profit and such.

Watch the MACD for divergence. Blue Line show this.

Use my daily post as targets and set ups. Use system with 25, 35 & 50 Range settings. This depends on day volume. Higher number, more reliable.

Long, White Bar, Yellow SMA, White SMA and White MACD = Trade. The Thicker SMA could be white also. Try using in one direction first to get familiar. Watch for 3 peaks of support or failure on turns.

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This looks like Long, could be head fake as time of day. The dotted are channel markers.

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Another view with 30M

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Breaks 84 and its gone.

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Last trade could of been Long with stop at 84, target High or TLX. You can see how points add up and you do not to trade much, just pick your spots. Many times use brackets with 40 stop and 40 take profit.

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Divergence developing. Lift failure will drop.

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Short on High Ticks with Stop above. The opposite of what you would naturally think.

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Practice, Dead Zone PA is terrible. Once you get the flow, you will only trade Opening hour or so, the balance is usually noise unless you get a runner. Long runner is buying red bars above the white and Short is shorting whites below the Reds. This example is chop and usually a pure gamble.

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Better view

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Arrows will show the MACD rise and 3 Red peaks, challenging. It can be difficult and practice

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25 bar view

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You can do double window of 25 and 50, just a thought.

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Above notice how NAZ is under 1st 30M and has not done much since.

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This could be Flip Trend confirm, down should NAZ not take out high.

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Key point, notice long wicks on 30m

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To explain the PA, the rise usually are followed by shorts taking counter trade. They need buying action to gather short positions, once locked in they then reverse until the direction is clear. If falling, they then lay on the shorts trapping Longs, then Longs sell and accelerate the move in their favor. This is what just happened with last move. Here come 84.

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35 next

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They may try again as drop is stalling.

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822 is lift target test

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Whites under Reds, normal Short. But in Dead Zone so never know.

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Review set ups/targets, points in the hundreds and way more that trying to pick a specific direction. Last round trip alone was 160. I did not trade but you get the opportunity. When trading it is impossible to post every move. Use brackets and do not move stops, this will be your greatest challenge. Watch 22 level here.

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22 test, no pass should go back to 84. Watch 30M turn and Ticks before entering trades.

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Stubborn but NAZ got through, main thing is that the Long term Diag TL is holding and traditional bear type PA. NAZ will need to pass clearly before any significant lift. Review Feb 2020 period. Next we may see big limit down moves in the Overnight as the Smart money will drive things down. This may happen should the indexes stay down. Just think twice with dip buying.

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NAZ took long way to 35, EOD most likely.

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Set up

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NAZ bounced off 38. When trading, use levels mentioned at trade targets and take profit at level.

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with system, under line look short and above look long.

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The blue dots will move with price. Look for NAZ to try and get back in channel. If it does not, the channel with change or move.

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Lower Dots just moved lower.

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50 range is moving lower and 30M lower dots are lower, direction is lower until 50 range climbs and 30M lifts.

Trade closed manually:

Great day and examples, practice.

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Final chart for explanation: NAZ overnight, two new TLX's and 30M NAZ is on top of white cloud, support. Drop & Pop is play for today 1-7-22