Short

Updated

NQ Short (05-19-25)

Same plan as prior Post, Short. The play is that the NAZ will try some FA's below (Shaded Zones) and then U Turn up during some late low volume Holiday session and attempt ATH retest. No U Turn, next SZ lower. Long above KL 365 and Short below. Price Action is all about Tricks, Tweets, Games and any low volume session opportunity (long side now). Still want to retest the 15m 2,000 point blast zone.

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YTD Chart, back under Open Price.

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IDS View

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O/N selling volume & trades are higher than any of the prior 4 days, you have to go back to 4/11 to see heavy buying in O/N. That was the 1st move away from sideways Danger Zone 20,100. NAZ may retest should Reg Session come out with selling (usually does). Prior week may have been a low volume long only Long Trap set up. BTD/FOMO on Friday after this drops early this week.

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Arrow is run up all last week near Strong Resistance and then drop in off session as all are trapped. Great Long Trap.

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Tricks and Games, NAZ will now struggle to get lower until it drops with force or lifts back up in Dead Zone or O/N sessions.

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Stall play is that sellers need buyers in order to get out. Watch any stall out reaction today or next few days.

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Under 365 is re short, #1. Lower indicator is still upside down.

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Sideways to lower.

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Sideways in the Range. Monday half of Friday-Monday is trying it thing. Dead Zone or near the Close into O/N is last chance. Break out or drop back.

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NDX update (Daily). Previous candle van be a Hammer (drop).

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OK, easy lift PA just keeps coming back and Scalping Shorts is only option with the sell side. Chart below will show 3 yellow arrows, the two orange lines are yearly TL's and the arrow at 21,750 is our current U Turn pop. Should NAZ not drop, it may easily just go to TL above near 22,700. I was thinking that the NAZ would need to hit 19,750 1st but maybe just reverse that and go 22,750 to 19,750. Needs to break well above 22,562 1st before TL above test. I will stick with low volume noise and bank on 19,750 hit next, at stall out drop.

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Strong Short under 21,562

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This is 3rd late Reg Session with NAZ hitting 500-540 KL, needs to get through or lower we go. Unless they magic lift it in the O/N and that is very likely.

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Into O/N for next move.

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5/20 Update, NAZ rejected at KL 562. Still inside multiple day of range. Needs to break out with force, magic, tweet, anything. Likely lower as we head toward easy lift extended weekend and Friday being very narrow, look for today through Thursday providing the only potential selling PA. After that, up with the O/N, Gaps and any other Long bias trick. Next week, heavy duty strong Short.

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SZ's below would be great drop test targets should we see a stall out. Hold there should set up pop into the close of week.

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Super slow and looking for a drop test near 200-250 or mid channel.

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This channel

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470 stall out is a short scalp back to low.

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Scalp and watch up/down

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Needs to break low or back up

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Now 256, lets go.

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OK, range NAZ

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296 and that is it.

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Scalp is only option

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5/21 Update, Four hits above, do we see the fifth today or can we break lower? 20,900 lower target.

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NAZ under the yellow TL is a Danger Zone potential move. It will need to get back above TL or it may drop far away from rotation. Going past 20,700 would be the edge, hold there is a LONG.

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Back after Open. I figured we would be slow and narrow this week, was not expecting this slow or narrow. Hard to do anything if it does not move. FYI, I have seen huge moves come from nowhere when this type of PA has been running for a week or so.

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Look to go or stay Short under Yellow Arrow

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Drop or Pop here

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TL rejecting

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Should drop or we have some magic in the works.

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Pop with low volume Magic.

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Fifth or Sixth attempt. these moves usually fall back and get retested.

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Just watch the rotation of the TL

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Back later and NAZ is rotating 200 points above below 21,400. Needs to get going up or expect the entire 400 point channel to get tested. This was warned as it usually will lift during low volume weeks. Counter is the reverse when this stall's.

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Just had lunch with my Fortune Teller, how about that. Rigged and just a Joke.

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NAZ is sitting on an Outside Day Reversal. Oh my, may get ugly.

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NAZ should pick up speed below 113 or back up in range near 365

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Looks like Magic Trick from earlier worked perfectly on the FOMO's and BTD's. No big deal yet as it is only Wednesday, much more churn to follow.

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Key level to watch

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NAZ is out of the range.

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5/22 Update, NAZ has been sideways in O/N, basically under KL 365 to 20,700 is range of play. NAZ will need to go under 20,700 for deep move.

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Tuesday morning Open bell is vertical line. See more room below than above. Still going with drop/pop, unless this is all we get with the drop. Next drop would be when the NAZ stalls above recent high.

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Rejected neat KL 365, now under 256 is key.

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Should see major selling under 256 or will retest 365.

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NAZ appears to be mopping up buyers under 256, then should drop.

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Should be it.

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As you can see, the price action just can't be taken seriously and is full of noise. Most likely we will see a huge drop or pop at some point in a flash. Continue to scalp in/out. I still favor the Drop over the Pop.

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365 and under is a Short.

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Hook Short or pop at 365

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Above 365, NAZ may magically snail float until Tuesday Open.

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Never got above 365, need to watch KL's or you will pay (if you got shook out of Short).

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5/23 Update, The O/N not pumping these days. Looks like the O/N team is out or changed their tune. Updated chart with 20,700 as lower drop test target.

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IDS View

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Almost there, 1 hour until Open and pop back up or Bloodbath.

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Here NAZ is on underside of Danger Zone TL and can U Turn back up or break away lower near 20,700

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Most Mag 7 will Gap Open lower, the gap's may fill or not. If not or even if so, the next move is lower. Or gap fill and back up near 256 or 365.

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Just watch out for any Tweet Noise, if you are short.

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Crude, BCoin, Dollar all lower. 10YN is up, should the 10YN drop we may see some real force here into a long weekend.

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20,600 is in range here at stall out. Watch the Ticks under 21,000

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21,000 Rejection, may drop back now or during Dead Zone.

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Dead Zone is time, after 1st hour and until final hour.

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NAZ should head South in the DZ.

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Struggles to get lower is the way it goes, but it goes. Yellow vertical arrow is range for next break out and sideway play. Lower yellow is TLX.

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I am leaving and will close this. Looks like the Triple Top and OSDR may be an actual change is trend. Should the Friday to Monday Long play not develop. We shall see and have a great Holiday.

Trade closed manually

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21,050 is Short below, 21,100-50 is clean out.

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NTZ, Mid or Breakout Range

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Monday or Holiday session, O/N is trying the U Turn prop prior to Tuesday Open Range. The O/N is an effective tool combined with low volume holiday or long week end session. Need to see how the Reg Session reacts tomorrow. Chart shows 4 Reg Sessions lower with 1 holiday/long weekend O/N session (rig) going up. Why do they keep stabilizing the NAZ?? What is on the way? Let if flow naturally already. BTD/FOMO Forever, Go Fed.

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5/27 Update, Typical O/N off session Rigging Up. NAZ is now back near top of sideways range. No new Post today, look at yellow arrow for moves.

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Here NAZ is ridding lower Channel TL, may drop under or just U Turn back up in the Dead Zone.

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Off Session use of rigging/stabilizing continues and may throughout the Summer. Continue to Scalp during Reg Session just go Long in O/N.

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Watch TL here as this is looking like a sneaky U Turn just above SZ.

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AP drop test developing

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Short under the high or just above at stall out 390-420

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Break out up or drop back inside the range here.

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Slow lift to KL 430, watch reaction or sideways to O/N for prop lift in off session.

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Should NAZ go above 430, look for upper KL test and should NAZ go under the 2 yellow arrows and not get back above, look SHORT (Strong Short). Back later during snail PA.

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When the NAZ drops it will retest the circle zone and following reaction is back up or lower. This is all part of Holiday low volume noise and most likely a long trap/drop offset.

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This may be the big one "Edith" as the NAZ has been rejected again at KL 562.

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5/28 Update, If so, watch SZ's below.

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Once again, up in Off Session O/N, should it get below arrow that would be strong Short.

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Under 475-50, Short anywhere you can for 256 retest and reaction, goes back under load up again.

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Holiday is over and the Pro's are back in the office, time to EXIT - Test the KL 256.

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Big Move next, thinking Lower. (FYI, may opposite 1st)

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Slowest price I think I have ever seen?? Trading is slowly fading away to the machines (Long Only). That will not end well and create off balanced results that will one day correct.

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360 should be next target, reaction then 250, reaction and up/down. O/N may be change up tonight. NAZ is up based on 600 points during O/N and Holiday PA.

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Really looks like a Long Mop Up prior to Drop. Careful if you are a FOMO/BTD'r

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Quick Drop to 400 (near 360) and back up for the O/N or is this a Curveball?

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I will stay with the Mop to Drop play and O/N curveball to follow. Need to Scalp these as the NAZ will struggle to get lower.

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Keep on eye on KL 193 for Outside Day Reversal (unlikely), but you never know when these types of moves develop. A stall out under 562 could easily send it there (in a Flash).

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5/29 Update, 360 drop test to Long O/N pump/dump set up

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No Reg Session gains yesterday, all O/N once again. This may be as good as it gets for the lift up. Month end may see some selling or Friday-Monday move may be last push for balance of the Summer. NDX will Gap Open up, again. Many gap fill spots are below. NAZ has only stayed in the previous range.

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Next 500 points should be turn zone back lower with some force, Reg Session selling to come alive as profit taking will kick in during the stall out.

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NAZ is only 100 points or so above KL 562 or yesterday high, look for retest or drop under. Long above for now.

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KL 562 is strong rejection zine and the NAZ was rejected 5-6 times. The play was to use the O/N to get the NAZ above, the NAZ will have to stay above or going below may rigger selling.

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Gap fill and at TL

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Up/Down for next move and may be pump/dump

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Gets real with NAZ under KL 562

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Unless the Dead Zone moves it back up, this could be a H/S play out.

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KL 256 break may try SZ's below. Pump/Dump Long Trap, just game after game here. One massive Long Mop Zone as we head into the Summer Sizzle.

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White shaded area is the Outside Day Reversal play. This would be a redirect after the one a week or so ago.

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Back near the Close. If the NAZ goes up (above 562 and stays) after dropping back under KL 562, this is useless and will just flash crash when it is ready. Otherwise it will just keep snail lifting (mostly in O/N with tricks).

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Correction on ODR, zone below.

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pop or head fake to drop here.

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Held and may break lower in final 10 minutes of day should it go sideways here. Otherwise, back up and back up in O/N.

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NAZ retracement is greater than the typical 85% run. This is normal and NAZ may pull back under NAZ ATH. Yellow is drop and White is retracement.

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NAZ flat after all that. Interesting to see how the F-M play works out. The circles are long or short play. May see pop/drop or drop/drop. Going with Drop as final verdict.

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5/30 Update, Looking Short after 1st move stall

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Sideways in O/N and Open Drive, big Short to follow. Look for lower Circle as long term target.

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No drop today, may see long MOP up to KL 562 for better drop next week or after Monday.

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NAZ is heading lower in the bigger picture, do not go Long until we see a flush out.

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Closing Post and looking for this to be the YTD retest lift that will drop test below. Have Great Weekend and will update on Monday. May see a Tweet Trick should the NAZ start dropping.

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Run Forrest Run.

MAZing

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MAZing