Narrow day today and yesterday. NAZ most likely will see stronger drop test to check buying sentiment. Usually NAZ dips in 1st 30M and then floats higher, watching for failure and negative close. The fact that NAZ did not get propped up in Overnight is saying something? Retest's are normal and bullish, it may set up go short and long. Looking for some wiggles today.
코멘트:
White Lines are ATH, could see attempt, failure and channel drop. Just not seeing ATH hit and climb to new highs
코멘트:
Upper Range: Yesterday high 29 and daily pivot high 61, NAZ getting pushed up since 3AM to 15420 level. Lower range support is 15370, short under 15350 and Long above. Short to 50 and Long to 61 should NAZ try for 50 or drop and hold.
코멘트:
Likely play today is: drop, pop (failure) drop.
코멘트:
Drop pop and drop, playing out.
코멘트:
Lower high, fade rallies.
코멘트:
Strong short under 15370.
코멘트:
2nd attempt to lower, Short under recent high, may long back up.
코멘트:
Update:
코멘트:
Open Session has no real strength
코멘트:
No prop in Overnight and NAZ struggles.
코멘트:
Resistance at 20.
코멘트:
Other 3 majors keeping NAZ up, watch for turn.
코멘트:
short should NAZ not pass and confirm at 20
코멘트:
next attempt to drop is at 20 25
코멘트:
20 is key, short under with close stop.
코멘트:
NAZ dropping on High Ticks.
코멘트:
Mr Retail is falling for it.
코멘트:
Shorts add
코멘트:
Target 80 then 65
코멘트:
Resistance now at 10
코멘트:
No drop cover and redo.
코멘트:
Here we go at 90. Stay or Cover.
코멘트:
Should head south.
코멘트:
Held, redo.
코멘트:
Many hits with holding, look long.
코멘트:
Long at 90 85 with close stop.
코멘트:
Target 20, needs to pass.
코멘트:
Stepping away, NAZ should float up. Add 2nd Long here. Use profit on Stops. Stop at 70 65
코멘트:
Long above 90, cover at 65
코멘트:
Final MOP at lower end. stay Long.
코멘트:
Ticks turning, let stops play out, OK if used profit. 70 may hold. Deeper push by Inst.
코멘트:
All Major Tech's turning Negative. Close long you used all profit. If not hang on. No pass back 70 close longs.
코멘트:
This is 2nd attempt (and good one) lower test by Inst. Original plan was accurate, got caught think like a retail person (buy the dip). 50 is good support after that 00.
코멘트:
For the brave place longs at 20 and 00. and at 12:30 CT if you can.
코멘트:
Wow, lesson today (reminder), NAZ does not get propped in Overnight and stalls in Open Session, go short. The NAZ has zero strength in Open session (usually). It is mostly Overnight PA that lifts the NAZ. This is clean out of Air Pocket that I mention from time to time. Buying this is usually god.
코멘트:
NAZ with 100 point range, about half to 3rd of daily. Look for retrace or drop and pop. I do not see NAZ dropping 100-150 points from here.
코멘트:
Now you should be net positive or even. close stop as NAZ may retest lower.
코멘트:
15370 is key level. Short under and Long above. If you are Flat.
코멘트:
Above 70 00 close and below 50/40 close.
코멘트:
Decent day with wiggles, mentioned at open. Stop management will kill you on days like today. Better to just add and reverse around the range. Just hard for me to explain as we go, easier to REC stops. Anyway, you all should be positive at this time.
코멘트:
Looking Short for tomorrow, should NAZ Close under 70. Looking for all 4 to track lower in channel:
매매 수동청산:
Yesterday at 15400 we saw the 1st test lower and today we saw the 2nd at same level (lower drop test). Look for 15400 to be key level, anything under will keep pressure or tilt on downside, next test 15200. Any Pops from earnings will not mater, just like yesterday with Netflix pop (to 15427, did not hold). Look for propping in Overnight tonight (guarantee that is coming, may want to trade that).
코멘트:
Shocking NAZ is dropping in Overnight, Pivot at 15315. Place Long there and target 51380, then short at 15380.
코멘트:
NAZ at 35 now, 15342 is current Long trigger, should NAZ not reach Pivot. If Long at 42, expect fake to 15 and then pop. long at 15 may not trigger, long at 35 is safe with stop at 10 and add at 42 on way up.
코멘트:
42 in play, Overnight likes to bounce from pivot to pivot. Real target is 15380. They like to play drop & pops. Should this play out, do not be surprised if NAZ does not approach 15420 or 40, then drop back to Mid Level by Open. Will update on tomorrow's post, have fun and do not fear this circus show.
코멘트:
Got to 67 at 60 now, closing mine. Stalling out and good night.