Bottom channel target, Aggressive tight stop limit. Froth in recent run up as more than half came from after hour futures and not open session. Once momentum stalls out, heavy selling will overwhelm the Index. Initiate Short at or below 13580 and SL at 13600.
Trade active
Lower SL to 13475, Aggressive ADD short at 13465Trade active
SL HIT at 13475, look to reactivate All Indexes in MID Territory, Likely looking lower at EOD Close. Trade active
Mid Day Drift Up took out original short, reentry was needed. The overnight will lift NAZ and set up continuation. Should other 3 indexes reverse, the NAZ target is most likely. Trade active
Other 3 Indexes are UP, should momentum stall the NAZ will Tank. NAZ SL 13485. Trade active
Should the weak mid day float is (only strength) not change/increase upward momentum, the forecast may play out perfectly. Movement should be swift to target, this is counter trend aggressive trade. Trade active
Reentry of SHORT, index seems to being propped up and dig EOD drop coming.Trade closed: stop reached
SL Hit on Reentry, all indexes turned positive, will revisit range tomorrow.
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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.