NQ Weekly Range (03-06-23)

NAZ with another U Turn near a Danger Zone. Push Pull price action ended (Thursday), the O/N lift pumps the NAZ pre Friday Open and the BTD/FOMO's step in. Break out from the Diablo TL (the NAZ may retest). I will provide a weekly forecast with limited daily updates until my member/private daily (intraday) service is running. How to play the week: White border box levels are high probability targets, Green lines at value area tops/bottoms, Yellow are KL's targets/opposite direction trades (after confirm), White Strong Long (after confirm). General look Long above 12250 1st and 140 2nd, Short below/near 12700. Yellow arrow is expected range. Chart below will show the typical point movement above/below Diablo (Orange TL).

Note: For those that follow, after 3 years and 500 Daily TV Post's, I will be ending the Daily Forecast & Intraday free service. I am moving to a private service that will use TradingView Charts, including my IDS Indicators. Message me if you have interest. I will continue some weekly post's through the end of March or until new program is ready. Thanks for following and all your support.

코멘트:

IDS250, Drop/Pop to 12150-00 may be in the works.

코멘트:

IDS250, Red lines are TLX's (very reliable reversing targets or targets). NAZ is still is downtrend or may drop some prior to next move higher.

코멘트:

Falling Bridge update 300 point range.

코멘트:

Review my 3/1 post, this full move played out on 3/3. The 500 point (3/2 low) move was a set up from 12140. This would make it a 200 point net gain, look for 12140 to be retested when/if 12240 retest does not hold.

코멘트:

Open Range 12300-12425

코멘트:

코멘트:

So far the initial drop near KL 12273 moved to TLX 12321 and above, retested TLX and now trying for KL 12425. NAZ is balanced in price and 12360 to 12320 seems to be solid VA Value Area, Expect a Pull Back to mid VA prior or during Open.

코멘트:

Watch the Channel movement. Or fall out of channel.

코멘트:

Mid Open Range call, Play range. Balanced day so sideways. Push Pull needs to show up for strong short call.

코멘트:

Back later, limited calls.

코멘트:

12425 HIT, may see pull back to 12400 -380.

코멘트:

12465, Ticks turning negative. Watch for push pull and trail Long.

코멘트:

12465 did PB to 12380. Look for lift back up some.

코멘트:

380 retest failure will go to 340

코멘트:

420 then 470 should 340 hold. 380 - 340 retesting now.

코멘트:

NAZ back at 12340 and above TLX. Drop test.

코멘트:

Monday was a balanced day. The stall and Tick change at 12465 will be retested. 12250 should be next support.

코멘트:

NAZ could not hold in the channel, will use KL's for next few days.

코멘트:

Washington Street to step in with words to boost the markets back up. Many new followers in past few weeks, so let me explain. The two boxes are Gov't Issued news events (fed day, CPI) that provided all the lift during the period. The follow days after just aimlessly go sideway to lower. Powell talk for 2 days and say whatever, the typical result is a bounce - then drop. The only curveball is the 2 day pop (could be drop offset to Powell Drop?) that lifted the NAZ and yesterday rejection. Anyway, today should stay between 12250 - 12450, at anytime we may see a move in either direction out of this range. The fact that the O/N did not prop is not good for the upside as most of the gains are developed through O/N props prior to the Open Session.

코멘트:

The best indicator lately is with IDS or range bar charts you can see the push/pull price action show up. This came in yesterday near 12465 and stayed into the close. Do not go Long if you see it after a stalled/failed rally. I was expecting a pop near 12340-80 and since 380 rejected in O/N, the lift may be off/limited. Depends if we see push/pull in regular session.

코멘트:

TLX Holding, Drop today and Thursday was Technical bounce with Friday a Short Covering Rally and Monday a Rollover.

코멘트:

12250 hit

코멘트:

12170 next

코멘트:

Got 180 back 250

코멘트:

stay Short under 250

코멘트:

250 hit

코멘트:

250 retest

코멘트:

TLX then drop

코멘트:

TLX -250 should be range

코멘트:

TlX Rejection

코멘트:

In Range is Strong Short at no Pass of TLX

코멘트:

Drop seems orderly with limited Push/Pull. P/P needs to get violent for a big drop. Powell just needs to say something like "good inflation" and this will fly up. This could be tomorrow. Above low is next clue and Dead Zone is upward bias.

코멘트:

Recent TLX rejection is Strong Short test and may try for 12140, weekly low and strong Long.

코멘트:

12170 Hit

코멘트:

코멘트:

12210 retest, above 140

코멘트:

Above 12130 you could try long to 210 and 250. No hit of 130 is signal.

코멘트:

Getting near a Long trade Zone, look for move back up near 130-100. May be tomorrow or O/N.

코멘트:

12140 Hit.

코멘트:

12130-00 may be level to watch.

코멘트:

KL's for tomorrow and O/N

코멘트:

Updated O/N Range and KL's for tomorrow 1210 - 1900, Diablo is back in play. Below 12030

코멘트:

Helpful note: Use a intraday color code for session times. Mark 1st 30m, 9:30 - 12 Chicago CT and final hour. You will notice that the Dead Zone 9:30-12 the NAZ will travel in a range and test for next move. The O/N is similar. Both of these may/will confuse/trick you into changing you direction. 1 way days also have slow to strange DZ's. Today's DZ did provide some points to trade but did set up the Strong Short after trying for the TLX a 2nd time.

코멘트:

My colors are below, I break out the 1st 30 into 2 15m, DZ, close and O/N.

코멘트:

Tuesday O/N 1st moves, 1 will play then target 2nd arrow.

코멘트:

That did work out well, look Long today above 12140 or weekly low forecasted range. May update some later, if I can. Will be in and out of office today.

코멘트:

Open Range today, 12140 will be retested. New follower's, take profit at targets and reload. The only way to play this index.

코멘트:

12150 retested, may try for 12180-85, no pass look short.

코멘트:

12150 retest hit 185, range is 12220 to 12150, needs to break out.

코멘트:

1st move may be to 12240 should NAZ stay above 12160

코멘트:

12100 Long entry mentioned yesterday and 160 above did get to 12220, closing Longs.
Will reload on Pull Backs.

코멘트:

PB to 210 and 170 is likely.

코멘트:

210 hit

코멘트:

Play DZ Range.

코멘트:

12170 hit

코멘트:

12150 1st target, 12110 2nd

코멘트:

Careful on Long DZ with typical final move higher, may drop. 160 did pop. Long above high and Short below. 12294 target high

코멘트:

DZ will try and clean out stops and then redirect. Drop to 160 was Long stop clean out and doing it again.

코멘트:

Inside Open range 1st 30M, 12130 is likely by EOD. Back Later.

코멘트:

DZ Whipsaw, no real change/high sine 1st 2 minutes of Open.

코멘트:

180 is POC, I posted this pre Open and bottom may be hit. 12160, mentioned above is Long. I did not think that it would look like a flat edge, kind of strange how it is holding. Feel break blow will drop to 12075.

코멘트:

Range now is 12110 - 12230, NAZ will try for one of these.

코멘트:

100 point range day, next move will be a big one. Most likely in next day or so.

코멘트:

NAZ hit and closed at 12230, O/N will prop, lower range is 12110 should a pass above 12230 fail. Most likely the NAZ will stay above 12110 and head up until Friday morning.

코멘트:

코멘트:

Look 1st for PB to 12180, then 110. last 2 days may be a sideways MOP up for a Long Run Up. No PB, then O/N Prop Magic is all over it.

코멘트:

PB to 12180 has retested for pop back up. Looking for O/N Prop rally into tomorrow. 12110 would be next add with stop 30 back. Should see pop at EU Open, this is how it is usually done. Only trade if you can loose the Stop on this as I just going with a pattern trade or wild hair out of my (you know what). Will check in the morning. You should have the points to spare on this, need to do these from time to time.

코멘트:

NAZ will try for 12295 or 12125 next. Kind of how it works. May hit 12125 then bounce up or hit 12295 then drop to 12125.

코멘트:

12140 held and w on 30M, should go back to 12210

코멘트:

12160 is KL for NAZ to stay above.

코멘트:

The idea of a Long is based on the Turd move yesterday. All buying and no selling. This was a Prop Drop Offset to counter this move. NAZ has held at 12140-60 and seems that it is being held up, just should of dropped by now. Or, it is going to seriously tank.

코멘트:

Range for Open and KL's

코멘트:

12210 Hit

코멘트:

NAZ got to 12275, near Long target of 294. Expect some pull back and the O/N high may be the high of the day.

코멘트:

12290 hit, watch drop here

코멘트:

may see 170 retest under 12290, Look Long and wait for DZ Prop action to continue.

코멘트:

TLX Hit

코멘트:

12420 is doable, go back to my statement about O/N inti Friday.

코멘트:

Take Profit on Long at 12320 and above for now. 320 should be stop on Long, may see PB to 290

코멘트:

Today a PB may not return back up so easily. Back later, Out for rest of morning.

코멘트:

12290 PB, may go to 240 next.

코멘트:

12350 - 12240 is range.

코멘트:

Heavy Push/Pull, may see quick drop if Ticks stay negative.

코멘트:

12245 Hit

코멘트:

12280 retest for Long or Short at rejection.

코멘트:

12280 retest from 240, needs to stay above.

코멘트:

12280 rejected, range is 240-280

코멘트:

240-280 is a battle between 2 value area levels, move out will be big.

코멘트:

Below 12108 is outside day reversal, may see this by EOD.

코멘트:

Just a wicked day. Now under Bottom 1st 30M.

코멘트:

Near PB at 12170, mentioned earlier, May Bounce here.

코멘트:

Crazy but go back to O/N play of 294 or 110, mentioned that whichever was hit 1st would try the other. That may be playing out here. If 12110 does get hit, look for a bounce.

코멘트:

Its a Flash Crash!!

코멘트:

12110 HIT

코멘트:

Try a Long at 12075 and above. 50 point stop. This could be drop test prior to move back up, I have seen these before. Worth a try and only if you have points to loose.

코멘트:

12075 retest.

코멘트:

No lift, at all.

코멘트:

In weekly Forecast in Strong Long Zone.

코멘트:

Stopped.

코멘트:

11964 may hold.

코멘트:

Was a Flash Crash, good to see this and a Hold is a Buy.

코멘트:

Long at 11996, 50 stop

코멘트:

Adding Long at 12000

코멘트:

Just games

코멘트:

Dropping half at 12025

코멘트:

12075 is target

코멘트:

Got back stop hit.

코멘트:

Stop at 12020 and Break even. Will let run into O/N Prop Magic.

코멘트:

So Orange Line is Strong Long at Hold and Strong Short Under. Stopped at 12020.

코멘트:

Outside Day Reversal, will update tomorrow. Tons of Failed Auctions above that will needs to be retested.

코멘트:

KL's for O/N and Friday. Shaded are Failed Auction Zones and are reliable as targets and retest zones.

코멘트:

Yellow Line is recent Prop Base, expect it to hold and supply a U Turn. The Danger Zone is below and that will be defended.

코멘트:

You can see that the O/N is usually very different than Open on down days in Open. May see the same tomorrow. May see drop in O/N pre Open with in DZ and lift near EOD. Highly doubt we see same way PA, that would be just crazy.

코멘트:

NQ1 and current Contract is way off with pricing, KL's will not match. FYI.

코멘트:

Updated KL's Current Contract

코멘트:

NQ1 is off 100 points. Current contract hit 11930 (White line) and Diablo (Orange TL) in forecast/post. We had a 80 point 30 minute bounce at 1am CT off 11920. I will be surprised if the NAZ goes lower today and stays lower, I am just expecting the typical U Turn away from the Danger Zone. New followers you may want to review the TTZ (trading time zones) post, this will cover the O/N and Dead Zone periods and how they prop the NAZ.

코멘트:

Yellow arrows are the prop moves, recent one will fall back to 12000 and then try for shaded area above.

코멘트:

Notice how the Prop moves erase the entire O/N drop and are a fraction of the time. So if we get a sell off, you can expect the lift to follow or NAZ gets propped in minutes at PR release and that is the prop, then falls back lower during Open only to be propped back up during the next O/N sessions.

코멘트:

Shaded hit, back to 12000 now.

코멘트:

NAZ falling back now. I am actually trying to develop the 1st Prop or Fake move indicator. Just surprised that nobody has done this will all these fake moves that trick everybody.

코멘트:

Watch Shaded prior to Open, Lower is unlikely or maybe on Knee Jerk.

코멘트:

Long at 12000, 100 point Target take profit, No stop. Long at 11900, 100 point stop and 200 point take profit, 100 point Stop to cover both trade. Going with Prop O/N Knee Jerk 1st, may be wrong just the pattern forever.

코멘트:

Diablo to Break or Bounce when NAZ does go lower.

코멘트:

Good on 1st trade 100 points profit

코멘트:

Always go with the U Turn when in Danger. Now may fall back near Open for next trade.

코멘트:

12115, 12130, 12160 are tests above.

코멘트:

PB to 12050 is likely

코멘트:

12115 is yesterday VA, NAZ trying to get through. Rejection will be a drop.

코멘트:

Cancelling my 2nd Long trade for now.

코멘트:

Range is Set, play it and I will be back mid morning.

코멘트:

12085 is KL, NAZ will struggle near.

코멘트:

Notice the Prop lifts (3) and then the slow decline. This will continue until the Long trades hold and the BTD/FOMO's so up.

코멘트:

11900-20 cloud be a Long, watch the level.

코멘트:

Pop to 12940 likely.

코멘트:

PB 11985 and bounce

코멘트:

11900 Long may fall back some.

코멘트:

Long needs to pass 12028

코멘트:

12085 is next test and short under

코멘트:

12028 Rejected

코멘트:

11960 - 20 is next zone.

코멘트:

12085 Rejection should push to lower Zone mentioned.

코멘트:

Again, notice the DZ flip flop. This just is busywork and offsets the drop.

코멘트:

All this movement and NAZ will be Flat to positive today, watch. Back Later.

코멘트:

closing Short at 11830

코멘트:

This may go to 11600 at no hold here

코멘트:

930 and 980 on lift or re short at stall

코멘트:

860 is retest

코멘트:

850 retested 830 hold is long scalp.

코멘트:

860 Hit, 930

코멘트:

You have to add 20-30 points at KL's and watch Ticks.

코멘트:

11810 is KL, above Long Short below

코멘트:

860 is key to Long

코멘트:

bid to ask spreads are wide, will fly

코멘트:

inside 11860, bottom 1st 30M

코멘트:

got to 910

코멘트:

910 or 795, flat. Scalped to 900 a few times.

거래청산: 타겟 닿음:

final 10M may bounce some, great day and maybe another 200 lower.

코멘트:

Range 11900-11600

코멘트:

Monday

코멘트:

KL's

코멘트:

Amazing, NAZ already 100 points off the low. Even after the close. These are the easiest trades and the pump will be on in O/N.

코멘트:

Many of you plan to join my private trading group. Check out Ninja Brokerage, leveed is good and they have a great software program (fee for service on software). Tradingview is all you need and a broker. I recommend a broker that does provide leverage, check it out over the next few weeks.