NAZ with U Turn at Box bottom. KL 13152 will need to hold and below 13140 is an "Air Pocket" that will drop to 13100. Could be narrow day or sell off should Bank earnings scare. Basically, NAZ will need to break out above or down we go. I would think that is 1st/next test. The pop today was any easy move back in channel (should have expected). The run up may be bait (what happened to all the sellers yesterday? Did they sell and buy back higher?).
Thursday was an unexpected Pop and the indicators appeared upside down. Strange bullish day, may be the typical drop offset. NAZ has been is a sideways channel for days. Mentioned that a lower O/N would produce a Open rally, not much lower in O/N but popped in Open. O/N tonight may pop with Open drop. This has been the pattern and NAZ is nowhere new. Will update as we go.
Thursday was an unexpected Pop and the indicators appeared upside down. Strange bullish day, may be the typical drop offset. NAZ has been is a sideways channel for days. Mentioned that a lower O/N would produce a Open rally, not much lower in O/N but popped in Open. O/N tonight may pop with Open drop. This has been the pattern and NAZ is nowhere new. Will update as we go.
코멘트:
The chart below is buying left and selling right (numbers). The entire day was buying only. IDS250 chart of Wednesday and Thursday. You see numbers on both side on Wednesday, not Thursday. The zero are failed auctions that usually get retested. I have not seen an entire day with zeros on one side. Keep in mind as we will revisit these levels at some point.
코멘트:
These are price channels, today covered two. Next is 13385. Still goes back to, what happened to the sellers yesterday? One one the past two days was a set up. Would the sellers of yesterday sell more today at the same level? I think they will should NAZ not get out of the Box.
코멘트:
Lower Target Hit 152, Potential moves. Wait for IDS to line up. NAZ is slowly retesting yesterday's pump, 13100 should be hit and may be low for better long. Long here Scalp to next SZ and add or wait for IDS.
코멘트:
Now we have a Short. This is where I was going with Close Short Trade at 13210-20 yesterday. Should kept it as the SZ's did get hit. Price under Red MA and White Bars (white arrow) are Short adds. The key is the 3-4 colors need ti line up as the Shorts will pop up to Red MA and turn into Longs or Shake you out of Short just to go back lower. The SZ's/KL's are KEY HERE. Notice the heavy selling at 13216.
코멘트:
Scalping in here, 120 is going to 152
코멘트:
in out and in out until NAZ breaks RED MA or gets a strong rejection.
코멘트:
13080 is KL for strong Long
코멘트:
Notice the 100 point move from 13220 (my original Short), NAZ may go back up some use KL's / SZ's for entry. Also notice the time on 100 point drop, we need to let trades play out.
코멘트:
Diablo Warning
코멘트:
Out of Diablo is a Rocket, Usually
코멘트:
Careful today under RED MA with Long as Diablo is here. Tech may loose investors that will take profit and Shift to Banks as they are cheaper. This may be what the set up was yesterday.
코멘트:
Above 130, Long scalp for 30-40
코멘트:
152 hit once and looking for break through
코멘트:
Most likely O/N set up Drop/Pop to 13248 Test.
코멘트:
After a big run like yesterday (real or not), we usually see a drop test the next day. The Drop test is used to see how fast it gets bought and then depending, the pile on or off is next.
코멘트:
152 retested from above now, should be good.
코멘트:
Diablo POP, look Long above 152 for now.
코멘트:
130 was early and prior to IDS al clear, may work out well. expect some wiggly and shake out.
코멘트:
NAZ retesting 130 now
코멘트:
152 is KEY and NAZ will need to get above, 13080 is next lower target.
코멘트:
Bounce at or above 13080
코멘트:
130 should try 170 again
코멘트:
NAZ will rotate around 130 in a 50 point range, above and below. Then break out.
코멘트:
Look for 080 bounce at no pass of 152
코멘트:
170 hit watch radius of 50 points
코멘트:
Diablo POP near 210, baby bars or snail PA, these usually crawl all day higher
코멘트:
Trail may see some PB and drop at stall out.
코멘트:
Near or under 248 you can take profit as NAZ may go sideways. Your call
코멘트:
248 Hit, needs to pass
코멘트:
Took profit on trail Hit 13230, Looking Short now as 248 was rejected
코멘트:
Again, you need to keep in mind that there will be many drop tests prior to 248 break. Best play was 130 long to 248 and out, I knew this would happen. Just be carful with Shorts, I will be back in 1 hour
코멘트:
코멘트:
Range
코멘트:
Below 152 and 130 may see 080
코멘트:
13130 with 30 range is no trade zone, Next 100 point move will come out of here.
코멘트:
Selling of non banks and buying of banks is what is going on.
코멘트:
Only above 13110 and above is Long, NAZ should float higher now. Stop at 13100
코멘트:
No trade if drop below
코멘트:
No trade dropped
코멘트:
watch 080 to 110
코멘트:
Every move has counter equal, above 080 is a long
코멘트:
13080 Long should go to 13154
코멘트:
Arrow is hook to support a Long
코멘트:
Good Long Signal, place stop below Take profit if you want and reload.
코멘트:
코멘트:
The earlier 110 call, I waited for clean out. Should work
코멘트:
133 for sure
코멘트:
Watch Ticks and trail, may get whippy.
코멘트:
130 Stop to Lock 50 Points, this may be drop set up for close.
코멘트:
Out plus 50 on trade.
코멘트:
Mentioned many times, notice the 100 point moves then direction change.
코멘트:
152 hit on 080 Long, careful at 160
코멘트:
You should be 150, 100 on Open Long and 50 here.
코멘트:
Looks like typical Friday Magic lift. This may go all the way up?
코멘트:
I bail earlier on many trades as I use 10 or so contracts. Just want sweet spot.
코멘트:
Equal move question, you can see it here. 10am to 12 drop 100 and 12:30 -1:30 100
코멘트:
13160 is exactly in Mid Range, could go either way, Mo Trade Zone.
코멘트:
13170 appears to be strong resistance, short should NAZ not take out.
코멘트:
Should drop to 13080, Notice how Air Pocket got taken out today.
코멘트:
On the Short, You short as it approaches but dose not pass or passes and comes under. Tight stop and watch the Ticks. May drop to 130 and pop so be quick.
코멘트:
Trail Short as Ticks are seriously negative.
코멘트:
Short Trail Stop hit Plus 40 points.
매매 수동청산:
Out NAZ should close here at Mid Range, no pass 170 may drop again, I see an M. Have a great weekend.
코멘트:
Decent week, big miss on Thursday and the ""Air Pocket" did get a revisit today. Even today had some strange PA, like the lift in second half and final hour move. One thing I would mention, review prior Post's and notice the 100-point moves. I have highlighted today's below. Many times we get shaken out or get out too early. 80-100 is the typical range lately.
코멘트:
EOW Review
코멘트:
IDS20 view