NAZ in 19 day sideways channel, back near Top (Box with red dash as Mid). The NQ1 vs NQZ is off as the NQ1 had a 200 point pop due to 12/15 expiration. I have attached the current range forecast for NQZ. NQZ lower indicator will show 6 Drops (white arrows) lined up with yellow arrows above. The Stoch O/B or Mid position has consistently set up the drops. Strange...
NAZ with FA lift from 15920 to KL 15989, this will be retested. KLOD at 15874 and ML O/N at 15940. Blue Box is expended and NAZ in Mid Range. Looking for break out of yellow arrow. Upper Turn Zone for Short is TLX 16018-16073. Will update on Teams.
On Wednesdays Post I mentioned that the NAZ would try to Short form a bounce to 16120, got to 16100 and dropped to near KL 15840 (just above FA and Danger Zone). Thursdays Post had 2 calls , Short under 16080 and cover Long at 15865. The same tricks are in play with Final 10M moves and the O/N. Yesterday we saw the 100 point move up in final few minutes and then...
NAZ held on Mid Channel and under yesterday KLOD, range day until break out above 16120 and 15980-60 below. Mid O/N 16051 and KLOD 16037. Month End day, Big news at 7:30 and will knee jerk one one in O/N and then likely the opposite in Reg Session. I will update on Teams, have some tech issue so may be less info today.
NAZ at top of 7-8 day channel and above KL 16036-82 (daily Chart TZ). Comes in yesterdays final HR and low volume, then O/N. This may be a Pump/Dump and may retest mid channel (16037). White arrow is BTD/FOMO move and Yellow is lower channel retest. We do have many SZ's and FA's below. KLOD 16072 and ML O/N is 16082. We took out many on way up, need to see how the...
I will try and post public for all followers this week. Looking at Pop/Drop and typical day PA after a lower Monday. KLOD 16035 (Long above and Short below), O/N Mid 15982, FA below at 15920 and could be bounce target, 15840 Strong Long on Hold (15865-40 is TZ). I will update intraday updates/calls on Teams.
Same game plan with Monday being a Long play 1st until trend does not play out or change. KLOD 15982 and ML of O/N Range is 15974. FA's above and below and white line are KL's and Turn Zones. I will update on Teams.
The Danger Zone (15900) did get a 1 minutes retest prior to floating up 125 points in the O/N, typical. I believe the NAZ will need to use all the Rig Tricks that are available to offset the Pull Back Drop that is on the way by month end. O/N Mid Level is 15973 and KLOD is 15985, 16073 is TLX and may get a retest. TLX rejection may send it back to bottom of weekly...
Yesterday Post was accurate with daily forecast. Today is Friday, pre Holiday week and rolling into a Monday of a Holiday week. This is usually low volume, long bias upward type games. The NAZ is stuck inside yesterday's Open Range, rejected at KL 15920 and staying above yesterdays KLOD (15873). Here is a fact, the O/N Pre Open Futures volume is typically 100,000...
NAZ is surrounded by FA's and no O/N Prop, what do you think is next. Pop/Drop would be white arrow and any stall out at KL's may send it the the lower FA Zone. Drop/Pop would be the yellow arrow and the drop may not get a pop. KLOD is 15873 and Mid O/N is 15861. I will update on Teams.
Since Friday's 400 point U Turn day we have had a sideways Monday and a 225 point 2 minute O/N lift followed by a narrow Regular Session with another 95 point O/N lift. The Failed Auctions below (orange zones) usually get retested and are targets for a pull back or drop/test. We have been taking out FA's all the way up from most recent low. Limited selling...
Year End and 2024 Trade Planning. The fact is that 95% of all Traders lose money and 2.5% break even and only 2.5% make a living. The alternative model (and less expensive) would be to hire a coach and use an institutions money to trade. This make cost less than what the 95% spend in losses. The moving parts would be to hire a coach that has a proven track record...
Yesterday was a pure Drop Offset on low volume for any drop that may send the NAZ into a decent pull back. Powell at 8:15 CT and 10YN at 12 CT. These will or may be Key Times to watch. 10/26 volume was double the past 2 days and the highest since the lift started. We have all buying or this may be reason why lower volume and less to no selling. Recent lift may...
Fed Day delivers again, "No Fed No Rally" is something that I have been saying for a few years. I have seen these reverse and move larger in the opposite direction (soon after). Looking for a curveball to show up to send the NAZ back down. If not, BTD/FOMO Forever. The way up cleaned out all FA's except the one above and we have a large FA below and the Gap at...
NAZ under yesterday O/N High, Diablo and under Blue Box Top (14475). Mid Blue Box is 14350, Fib Level at 14375 and Gap at 14300. NAZ is sitting on TLX 14427, bottom of channel and KL 14403 may be a bounce zone back to KLOD. O/N mid level is 14457, The KLOD is above Mid O/N and trend is lower today, may see channel break and Gap Fill. FED Day, I normally do not...
The KLOD of yesterday held for 5 Long Scalps and from Sunday O/N through now. We have had 10 direction changes inside a 150 point range. 10/26, Large Blue Box is range of 14480-14225. Key Areas: 10/31 KLOD 14363, Fib Level 14369, Mid O/N Range 14368, NQ 200MA 14276, Gap 14300-290. Just watch the shake out near mid blue box range and upper/lower box levels. FA's...
Monday's are Long and O/N has Propped the NAZ back up for the lift/drop offset to start the week. The playbook has not changed. the NAZ is back to Friday high with ease, Gap fil below (blue box) and FA's (orange zones) above and below. Look for Mid O/N retest KL 14338 and KLOD is 14331. Long above KLOD and short below. Play targets above KLOD and below after Open...
Great trading day ahead. Many targets and Key Levels to play off/from. Arrows/Plays: Thin Yellow is range for break out ( 14269-14395). 14269 is 200 MA / 14395 is Mid O/N Range. White arrow is Long Target after Break out and Yellow is Lower Target after break out. Thin White is Gap fill, 2 way retest Long Trade that may play out. KLOD is 14328 and Orange Zones are...