Long

Updated

NQ Long (10-30-23)

Monday's are Long and O/N has Propped the NAZ back up for the lift/drop offset to start the week. The playbook has not changed. the NAZ is back to Friday high with ease, Gap fil below (blue box) and FA's (orange zones) above and below. Look for Mid O/N retest KL 14338 and KLOD is 14331. Long above KLOD and short below. Play targets above KLOD and below after Open Range (1st 30M). Today is day 13 of drop from October high (8.5% drop and 10% drop from September High), looking for technical bounce and typical Monday BTD/FOMO strategy #1 & only. Will update on Teams.

Note

Drop/Pop off Mid O/N, KLOD, FA or Gap Fill. Take your pick and watch the NAZ rotate the KLOD and then rally higher near Dead Zone, let it run and do not Short this. Friday under 200MA just kept retesting, does not want to be under and they will do all they can to lift the NAZ away from the Danger Zone (below 200MA).

Note

Yellow Box is the idea, next 2 days or so. Back to bottom of Channel for next Short.

Note

No Limit Down O/N and closing on 2 years, just not going to happen and O/N is consistently offsetting and near danger zone PA. Short covering, BTD and FOMO's will most likely move it higher.

Note

War Chatter and 10YN is dropping, may be reason for the O/N Prop Job and if so, the Long is GONE. Yellow arrow in daily forecast is Range for break out.

Note

Red Lines are divergence, expect a drop.

Note

Hook Short / drop test on the way. Going Private, may be a 2-way day for 1st hour or of Open.

Note

Note: Whipsaw Shakeout PA has been persistent past 2 months. Pump/Dump (why not), then BTD/FOMO Dead Zone lift. Full day of typical plays and the drop near close and then rally in O/N. Funny but this has been the pattern. Since Wednesdays O/N the NAZ has basically been in the range of 14390-290. This may be consolidation for move lower should the forecast be off, FYI.

Note

1st upper FA Gone.

Note

at 465, 420-520 is range here

Note

Long above 420 for 2nd 480 retest.

Note

480 pass is 520

Note

Above 200 MA today, may see NAZ rally mid day.

Note

Strange but NAZ is more likely to Snap to the upside today. Will check in later.

Note

KLOD has held for multiple hits

Note

Rejected at Mid O/R

Note

No Gap fil or MA 200 retest, may see that if no pass at 14405

Note

Divergence and SZ's below, may see slight drop.

Note

Circles are 4 Longs from the KLOD on Hold. Still Scalp PA, no trend break outs just Chop.

Note

405 no hold retest may go back to KLOD

Note

On short wait for pop Spike with Stoch O/S

Note

Spike and Stoch for Scalp Short

Note

405-51 is range

Note

458 break is 480

Note

480 rejected to 405

Note

KLOD #5 Long Scalp in O/N. Old SZ's got taken out on O/N drop.

Trade closed: target reached

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