NQ Range (04-10-25)

574
Staying with the Range 19,400 - 18,200. Looking for 18,200 retest to hold or not. Was that insider trading yesterday? Seemed like it. Anyway, we can add that to the bag of tricks, curveballs, etc. Yesterday was a major Danger Zone, U Turn, Drop Offset, Info Leak, Algo Long Only move that happened during the Dead Zone. With O/N -400 points tonight, we may be setting up for a 18,200 retest. Big action and bigger reaction may be in store after the one sided perfectly timed manufactured move from yesterday.
Note
Yellow Zone below is the 10 minute pop zone, the area has failed auctions or some air pockets that will most likely be retested (today or next few). May see this zone defended as they will not want the NAZ to fall inside.
snapshot
Note
Looking like a new sideways channel range under 19,400.
snapshot
Note
Trying to get out of drop zone.
snapshot
Note
Just watch 18,200 reaction if we get that low.
snapshot
Note
snapshot
Note
18,200 Pop or Drop here and may go sideways and move up some near the Close and into the Safe Zone O/N.
snapshot
Note
Hit 18,200, moving under, needs to get rejected from under 18,200 or may pop back up some. Or 17,891 next.
snapshot
Note
Perfect play here and next move. Anyway, the NAZ should stay in this range for awhile. Not seeing a breakout back to ATH or anything like that. Play white or yellow arrow from KL 200.
snapshot
Trade closed manually
NAZ pretty much stayed in the Yellow Arrow range and did hit Key Levels. We are sure to see the Friday - Monday Long play or at least the attempt. You know the drill, wait for the stall out or BTD with the FOMO's.
snapshot
snapshot
Note
FYI, Bloomberg has an interview with CA Dem that is mentioning the investigation into whether the pop yesterday was an issue or legal, eluding to the investigation of anyone that may have traded/profited with the signal to buy prior to the release of the tariff delay. IMO, This would not of come about if the market did not give half of gains today. Getting messy in the snake pit.

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.