NASDAQ 100 E-mini Futures
Short
Updated

NQ Short (11-15-23)

507
Since Friday's 400 point U Turn day we have had a sideways Monday and a 225 point 2 minute O/N lift followed by a narrow Regular Session with another 95 point O/N lift. The Failed Auctions below (orange zones) usually get retested and are targets for a pull back or drop/test. We have been taking out FA's all the way up from most recent low. Limited selling pressure may end with some profit taking and selling. Looking for 100 point or so move up with a pull back to follow. Mid Level O/N is 15936 and KLOD is 15960. I will update on Teams.
Note
Just feel a retest or PB is due. May knee jerk higher or No wiggle and drop low for Drop Test and then back up for retest near the drop start.
Note
10YN, looks similar to NAZ pop.
snapshot
Note
Yellow arrow is trend change or pull back. under 16072 and 15920 break lower.
snapshot
Note
The past few days have been 20-30 point drops with slightly higher lifts, over and over. The O/N pre Open po and Friday major low volume lift was majority of move. Just seems rigged a bit. Need to see Reg Session move higher with some force.
Note
15688-14906 is a long term sideways channel and under 15688 may retest 14906 should NAZ stay under 15688.
Note
1st rejection was 20 points from KL
snapshot
Note
O/N Lift appears to be another Drop offset, KLOD 15960 is Long above and short below. NAZ may rotate around the KLOD so wait before you trade near it.
Note
Going Private, Good Luck to and look 1-way lower 1st (after Open Drop). Will check back later.
Note
920 Break
snapshot
Note
920 Rejection may try 820, Yesterday Reg Session low.
Note
Dropped to 832, may retest
snapshot
Note
940 and under is bearish, Keep in mind how it got here, no real reason or support and the REG Session has no strength
Note
10YN
snapshot
Note
A close under 940 will be direction change for some lower days.
Trade closed manually
Narrow day only 200 points and you had to short the pre open pop to get that. Did have 840-920 bounce . Basically 2 trades. Yesterday had 1 trade and Monday was flat and narrow. Not sure how this will keep lifting higher and higher. O/N is only real mover and I am not sure what news they can spin next.

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.