Sitting Short at 15570 and targeting below. Time to drop test big and see how strong the NAZ really is. Blue Box is range or NTZ (no trade zone). Orange are FA's and easy targets below, news all day and nervous NAZ will get skittish. BTD/FOMO's have been weak, lately. Maybe early on the big Short, sometimes I am a day or so early. Watch the stalls. Will update on Teams.
Note
KL 316 did hold, looking for hold above and Long back to 15400 or retest low ad drop through to 275Trade closed: target reached
Go Long into close and O/N, Rigged. The drop should be huge with Apple off 4%.Note
350-450 is O/N range for Scalp Prop Lift (usually 2am CT) the sell near Open.Note
This is most likely the DROP for all of September, hope you enjoyed it. BTD/FOMO Forever. The NAZ goes down, they all go down. They just will not let it happen.Note
15273 got hit, i am surprised. The Apple fall of 7% and Tesla of 3.5% over past 2 days, should of had a larger effect on the Index. Not sure why this is not much lower. Chart below has all KL's the use both up/down. Good Luck today and NAZ continues to struggle to get lower and will Rocket on any lift or slightest rally (usually O/N, final 5M or Dead Zone).Note
260 has good Support, lest see how this plays out, Jobless Claims and Open, next.Note
Drop looks like Long Set up for Open, 218 and above may retest 316Note
Long to 275 from 200Note
KL 176 is long above and short belowNote
218 is break out level. Drop is not strongNote
Long Shake out is nextNote
Long Targets, 240, 273, 316. 15199 is Mid 1st30M and is Long aboveNote
NAZ will not drop like you think and may rally tomorrow on Prop Friday into Prop Monday. Look Long tomorrow.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.
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.