September Post had the NAZ hit both lower and upper targets, the NAZ is range bound. The October play/noise will lean toward some Black Swan, election jitter, Fed Speak and through in the damage of Mother Nature. Unless the O/N Rig Team can fix this, NAZ may retest lower. Chart below is showing: Channel Break, Diablo and is hitting final FA called from last post. Push/Pull is here, next would be Open Drive drop and selling in Reg Session the finish off September, October should be a retest lower month.
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20,271 is KL and Short below / Long above
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Diablo break out or head fake.
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20,170 did hold after 20,270 KL drop and the Dead Zone will drive it up or sideways to the O/N Safe Zone. Should the DZ not lift, look short again.
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This is a Push/Pull day and is usually a signal prior to a drop. The DZ and O/N will try and lift it at all times which is creating the Push. The pull are the exiting or sellers.
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270-170 has been holding.
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Push/Pull on no volume can get wicked bad on strong moves lower, which is the idea.
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Go Fed, follow the yellow brick road.
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Long Trapper, hang on FOMO's
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DZ U Turn off of low, the games just continue and the NAZ will not break out lower. O/N may try and redirect this back up in range. The other play is that this is a Short shake out head fake. The low volume lets them just whip all over the place.
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10/1 Update, New month, new quarter & new money. The Reg Session yesterday did sell off with the late pop into the O/N (NAZ will not drop on all cylinders). Long above shaded Box and Short only on break through the lower side (NAZ has to break away with some force or the hit is a Long that will U Turn and Rocket up. Same patterns as usual until they breakdown
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IDS35 Chart from Friday Open Drive, the NAZ struggles to get lower and then pops back up with ease in minutes compared to the hours of slooow decline. This is the whipsaw that keeps both sides on guard, reason there is not much directional strength. We need a big drop to settle the argument. Notice the near close and into O/N redirect back up, yesterday.
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NAZ was rejected a few times yesterday at KL 20,270, now and after O/N lift/redirect it has been above and may be actually supported. Why in O/N and not Reg Session and on low volume? This is just another example of the games and how they are played. Whippy whip and this will not work forever.
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Box Top retest,
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NTZ inside the box, Mid Level will rotate around some. 28,080 is KL to watch.
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20,080 bouncing just watch the head fake long.
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Box Bottom and U Turn Zone. Needs to break out lower and stay out for true Short.
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Box Bottom to 080, U Turn Attempt.
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Scalp to 120 from 920.
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place stop at 920.
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reload at 900
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Add at 840.
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Another clear Pump/Dump with no strength NAZ in Reg Session. Scalp up may be limited.
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NAZ hit lower target and Scalping up is the idea unless freefall under KL 818.
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Drop the 840 add at 890
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Should float back to Box Bottom prior to next drop.
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IDS27 users, line up white arrows for long scalps or Short exits.
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Keep the original at 900.
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Long above arrow and short below.
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NAZ back under Diablo
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20,000 to 20,080 is range for stall out drop or lift to O/N Rig Trade.
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AI, Go Fed, BTD/FOMO every drop until it just crashes.
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Hook Long Trade here. Great day some we got some movement.
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Back later, U Turn number 2 and this will continue and is why the Long Scalps.
Box Bottom retest, folks.
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IDS27 Runner & Exit, Long when price is above white dots and look to exit when yellow line shows up and price is under yellow and white dots. Go Fed.
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I am Flat, looking for O/N Long Pop for next entry short. 980-818 is range here.
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O/N will have its work cut out TONIGHT. Missiles launched. NAZ still not moving lower with Force.
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Not funny but the Algo's will play the damage of missile hit/miss, BTD and no blast. Yeh that is price in the O/N and the missiles will not hit in the O/N Session. The O/N is the Boss and can Rig the War.
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40 point scalps with immediate pull back is what I see, Flat still and waiting on Break Out lower or O/N Magic Lift all the way back up.
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Yep, Box Bottom hit and O/N rally is likely next. Just watch the Head Fake.
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20,120 Long Call target (earlier call) is likely and will be next signal at reaction. I am still Flat.
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NOTHING will drop this index. War, Pandemic, Mother Nature, Politics, etc. When that time comes it will be massive.
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OK, not a call but the white arrow is the U Turn play and this would be #40 or so over past 2 plus years. Do Not Doubt that this could happen.
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I am leaving for the day and going to see a fortune teller for trading guidance and then the Tooth Fairy, Bigfoot and Mickey Mouse. Just getting ready for the Magical O/N Session Rig Show. Just watch any Short shakeout and stand ready on any lower range break lower.
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10/2 Update, No U Turn in O/N and that is not good for the BTD/FOMO (1 way trader/strategist). Chart below is showing Push/Pull zone (we are in one now). The NAZ kas run 10,000 points from January 2023 low to ATH. That said, we are only 17-18% above 11/21 high. 50% retracement lower is that same level, just saying that NAZ may or should retest after such a far run up (10,000 points 1/23). This just may be the Month to set that up, or after the election.
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NAZ under Box Bottom, U Turn or bust today
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O/N Session, all push/pull price action and usually leads to Open Drive selling 1st. May see lift up just prior to Open, that will set up better Short.
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Like clockwork, just lifted
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Good Luck today, Go Fed.
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O/N Rig Group takes it to near O/N high just prior to Reg Session Open Drive and now it is coming back down, watch the O/R PA.
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O/R 1st move lower after O/N Pump/Dump set up
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Try to Trade Entry at the EDGES in opposite direction.
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Edge to Edge, sideways and next move, may try U Turn or sideways to O/N Safe Zone for O/N Prop Job.
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NAZ just back in Mid Box, a pass of ML is white and rejection is yellow. Go Fed.
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NAZ stuck in mid Level and just can't wait to get to the Safe Zone for the Magical Lift in the O/N. I would expect a Move Up Up Up in the low volume O/N Session.
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10/3 Update, No Overnight lift, that is not good for the BTD's or FOMO's. Range to watch as this unfolds is 19,800 - 20,050. NAZ stayed inside Yellow Arrow zone.
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IDS27 O/N H/M/L, watch the EDGES for trade opportunities today.
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ML of O/N Range, O/R PA is key today.
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Looking like U Turn attempt.
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Trade at the EDGDES, back to ML O/N.
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Multiple rejections at 20,050 should result in a drop, need to get passed Dead Zone and O/N Rig.
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To help with the entry/exit or trade times, use the shaded time zones and KL (key level) to place the trade. You will see direction changes when the TT and KL match up for continuation or opposite direction trades.
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Dead Zone until the Final hour, 11am CT does usually provide some movement and then next TT is the final hour of Reg Session.
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11AM TT Direction change near KL
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Rigged, Go Fed.
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Just find it hard to think that we see the Friday-Monday Long Rocket play with this weak Price Action. With that said, you may want to look Long 1st as this try's sideways move to O/N Safe Zone.
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Just flat and will see what they try to pull in O/N. Likely Up Up Up since down down down just will not actually happen. Long in the O/N unless War breaks out and kicks the Black Swan into flight.
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10/4 Good Buddy Update, Waiting for Box Breakout (any, just give us something). So the typical O/N lift ups have stopped over past week or so. The next typical move is the Friday to Monday Long Pop. Let's see if that breaks down next. White arrow is long pop target and yellow is drop and Diablo low.
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Notice the lift and we are 10 minutes to Open, all lifts come in Off Session. The Reg Session will need to hold this as we enter the weekend and the War issue. Strike is handled.
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Watch the 10YN
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O/N Pump/Dump, not good for Friday-Monday pop run.
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NAZ will not drop.
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20,150 -100 is key area to watch. NAZ under 20,100 may tank lat day and above may see Failed Auction lift up into the close.
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Dropped through the zone and will not Tank. Just strange PA. Stay out and the upside may surprise you on a Friday afternoon. This usually will pop prior to drop and Big Drop.
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Notice how the O/N high is way above Reg Session zone. The games continue so waiting to see if Friday Rig Pop into Close shows up. If not, may see a drop by Monday but doubt that.
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Nothing has changed my friends. Same flows, patterns, set ups, tricks, etc. Have a good weekend and let the Friday-Monday Rig Pop play out.
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