Looking for Drop/Pop today, may be playing out now. Under TLX 14002 NAZ is struggling, 13865 is showing support/resistance or consolidation middle. White line is Long above and Short below. Upper target today is 14270 and lower 13500. Depending on white line, play NAZ to target above or below. NAZ is still under 2/23 high and staying under 2/23 1st 30M. Most likely higher today. Watch for head fakes as other 3 are lower, stalling falling NAZ would be the Pop/Drop to white line and TLX 13504.
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Drop/Pop from White Line has/is playing out. TLX's above 14137, 14233, 14270, 14353. NAZ gains many of its points in Overnight so, you may see after the Open that falling of price and a potential replay test of 13387 or 13785 Drop/Pop. EU is higher, just catching up to our markets from yesterday, we lead. May see profit taking today should NAZ stall.
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Drop to 13840 is possible, Hold then Buy Dip. Good support and NAZ may need to generate some strength to go higher. This is should TLX 14002 not hold.
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Recently targets and support, pivots and such are slipping 25-50 points past. You need to account for this.
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13840 Drop/Pop should be good for a Long back up. This will be a slow grinder back up. 14014 is 1st Long target.
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13887 and above the NAZ should Lift. May see sideways until it goes or falls.
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NAZ slow weak PA is hard to read, usually will rally up (the opposite of what to expect) the sell off.
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Days like today, enter trade and take profit at or near targets.
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1st target pasted, Believe today is a Long Trap. NAZ has not gained any new ground since 21st. Yesterday was just a recycle of previous PA and today after the Open we struggle to move higher. watch prices at near TLX 14102 or 14137
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NAZ back to 14014 Test
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Stepping away, if NAZ keeps stalling out it will create a big drop bounce and that is last shot. May drop after that should it not break high.
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Under 14108 is PB signal. Just not feeling the conviction today. Caution.
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Look short under day high 14176 for bounce test trade during Dead Zone. Should bounce off TLX 14002 or above. Would not add or go Long here at 14150. Should be decent drop.
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Drop test good for 100, may try again prior to run up.
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Whites arrows are Long and Yellow is Short.
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Crazy PA, careful on close.
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NAZ under Overnight high, may sell off.
Trade closed manually:
NAZ just near prior high, not impressed today.
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14270 to 14350 is top of range and then we may see PB to 13450. Looking short after failure above.