The NAZ did hit the 20,695 "Turd" Target in last week's Post. Nearly a 2,000 point drop when you look at 2/21 (Friday) to the low of 2/28 (Friday). From late Friday we have a 500 point move up (normal), need to see if the Monday Long push (2nd half of typical Friday) takes place.
NAZ is falling in a Diablo, Yellow arrows are KL's (long to and short from), Whites are short to and long from. NAZ is basically range bound and will need a Black Swan type action to get it anywhere close to any white arrows below. BTD/FOMO & Go O/N Rig Team. The Overnight price action and range should be primary and trend up. for now the O/N is still The BOSS.
NAZ is falling in a Diablo, Yellow arrows are KL's (long to and short from), Whites are short to and long from. NAZ is basically range bound and will need a Black Swan type action to get it anywhere close to any white arrows below. BTD/FOMO & Go O/N Rig Team. The Overnight price action and range should be primary and trend up. for now the O/N is still The BOSS.
Note
Place Stop at 680 just in case this is head fake.Note
hang on ticks are really negative, may pop up.Note
Typical U Turn prior to O/N or during O/N is what usually will happen. No U Turn then the NAZ will TANK. Note
NAZ above 475 is a long scalp into O/N. HAS to Stay above 475 and hold above 475 or it will drop. NO Long below 475.Note
O/N will redirect this about 50% of the entire drop, that is what to look for. No Redirect and we are al in trouble. Note
FYI, Long trades are 1st choice. When these fail to move up, look to Short side. When that happens and you see decent push/pull, that is the time to just stay Short or take moves from Short side. Note
Highly doubt they let it Tank, we are doomed if so. Note
1,000 point plus today, yesterday O/N Long is well over 1,000 points. No need to chase when in range.Note
No U Turn out of this will lead to a massive move lower.Trade closed manually
Closing this Post as 1st white lower target arrow hit, starting new Post.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.
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.