I may be early (or excited) with the call, it is on the way. O/N lift play is loosing the effectiveness, NAZ needs that for stability (and drop offsets). Anyway, should be on the way tomorrow. Any drop will have to get in front of the Friday-Monday long play (longer overnight trick). Under 19,665 is the express freight train lower and a hold will try another U Turn.
Note
Next 2 days and range to watch. Up is easy and may play out, I said I may be early. If not, KL's are below for Short. TLX 767-296 are Drop Test with 665 being the real test. The circles are the fake O/N lift/prop jobs and the Knee Jerk Fed Day move (yellow arrow). Fed Days are usually Long or long 1st. Looking to Pop, Stall, Drop with O/N Rig Play weakness showing up, lately. NAZ under 665 may try 19,200. Long Trap odor is in the air. Note
665 is Long or Expressway to the lower end of Danger ZoneNote
One off and stop at 20,090Note
Beautiful Long Trap.Note
NAZ may try to go up and do an outside day reversal, feels like it.Note
Rigged BS.Note
This is getting ridiculous. Up in O/N an Friday-Monday Long play and I will hang up the Trading.Disclaimer
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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.