Short

Updated

NQ Short (04-16-25)

Staying with the Short, NAZ with a Gap up and a Gap down move in the off session (very little in the Reg). When the moves in the markets seem manufactured and happen in the O/N or off session, look Short. Looks like 18,400-300 is the Danger Zone here and below could be the express way lower. Should we get there, look Long 1st as the will U Turn it away (Gap, off session, Holiday, Dead Zone or any low volume period).

Note

IDS View

Note

KL 820 is now resistance, under 18,400-300 may try 17,700 in a flash. Expect some head fakes for the balance of this week, into Friday Close.

Note

YTD NDX play or should it pop above Diablo TL, it will have to stay above and not just rotate around as it goes lower. Any stall out move higher will most likely return to lower zone, anyway.

Note

Short to 18,400 looks good here. Watch it struggle to get lower with Push/Pull tricky PA. You will know when the Short trade is true when most lifts up stall and then drop.

Note

Struggle drop is on.

Note

Don't bail just trail it.

Note

Short scalp and looks like U Tun at 18,500 not 18,400. Crazy but still ell under TL

Note

These usually drop or retest. Just keep in mind that most trades or products are Long only, reason for consistent lift back up.

Note

626 retest and key to next move.

Note

Box is range for break out

Note

Another day of games in the Reg Session with very little force, looking for some force or this will drop with heavy force.

Note

Back later, just look back at every lift and how they just do not hold. Then look at when the lift took place and see the odd times, then you get the Gap open lower and that is the direction now, lower.

Note

Today could be a stop clean out and long trap set up al in one.

Note

Nasty evil price action with sloooow movement, hardest to trade.

Note

Just explain to me why these moves (minutes) keep showing up, then the slow decline. Many may view as stabilizing or propping back up. This may work for a bit but will not work when selling shows up. These are part of the struggling to get lower counter moves and are NOT strong buying.

Note

18,400-300 target the long way.

Note

18,300 and lower is express drop. The struggle drop is strange today. Under 18,300 is a major Danger Zone and may be why the NAZ is being propped back up today.

Note

Danger Zone break is near, you can see why the shake out. U Turn is next play if no drop, just watch head fake long.

Note

Will check back, lower is flash crash target should Uncle Bunker tweet some noise.

Note

Yesterday Posted, "No way to avoid the drop, it is eminent". Here we are and this is a KEY LEVEL to watch as we approach the O/N. Should the O/N change its tune, NAZ may be back to base of 17,700-500.

Note

18,340 is hold and back up or only 50% of drop range to KL 17,700.

Note

Flip a Coin.

Note

Expressway move under the DZ. Do Not BTD or FOMO this. Use a stop on any long if you are going that direction.

Note

Breaking News, White House with special release to be out near close. I am not joking, not sure a freight train can be stopped, better act quickly.

Note

Circle to the left is the 2,000 point Rig Pop Air Pocket, NAZ is inside this now. Will have to get out or retest the lower range and pop back up. No pop back up and we may see a new lower low. The Rig Pop was done by design to offset this drop and bought some time, that is about it as of now.

Note

Under 300 is key

Trade closed manually

Note

Dropped about halfway and will need to get above top KL 18,175

Note

Current downtrend started 5 months ago or 12/17/24.

Note

18,200 retest by Open is likely. Friday the markets are closed so wildcard on this one. Usually we see a huge lift during long weekends, this one may be the opposite. Expect some breaking news from Washington Street to offset any drop.

MAZing

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

MAZing