NQ Range (04-07-25)

1 025
NAZ is likely to retest 2024 Open Level (blue line). Red Zone is previous Failed Auction zone and usually we see a bounce on these. May see drop under or gap open Sunday at blue line with slight bounce back up to FA Zone. Diablo's are all over the place and may keep the pressure with lower moves in the range/zone. Archie Bunker is feeling the Heat, back to TV shows as the Pro's take over.
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NDX Update
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Gap open under KL 17,027, -5%. New O/N limit down is -7%, been calling or waiting 5 years for this to show up. Look Long on hold at O/N low for lift back up some. Scalp long of the stall reverse.
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845 will need to pass and stay above.
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KL 845 held and will have to stay above, may be retested in Reg Session. Remember that the O/N is The BOSS and usually will set the range for the day.
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Yellow arrow is Range to expect for next break out. This may hold for days or weeks. Who would of thought that Archie Bunker would of been the next "Black Swan", crazy.
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O/N Range and 847 retest.
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400-500 point moves like they are nothing, range will be wild and then a break out or just sideways grind.
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845 to upper target, just watch the reaction.
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18,125 is KL for reaction or turn.
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Bait for next drop or will travel sideway up here.
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Bait for the Pro's, expect more of the same.
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Wicked nasty, they will just destroy Mr. Retail.
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So the old -5% O/N limit down has been hit a few times, we may need to see the -7% as the bottom should this not redirect. Most likely an O/N play just like night of Russian attack on Ukraine.
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Love the spin job out of Washington Street, BTD's will buy anything and the Pro's will let it go. Just notice the bigger moves up get sold quickly. Scalp Longs until the selling stops on these moves.
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Back at top range for 2nd reaction.
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IDS75, Push/Pull price action is showing up in the Dead Zone. May see a drop into the Close. The O/N will most likely lift higher, regardless. NAZ stalling at KL 17,800, need to see the reaction play out.
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NAZ is getting sandwiched in between the KL 17,800 and top of O/N range. Look for a break out of the range. Bunker talking now, boy is he funny. He may need some Hollywood Magic with the performance. Go Fed, get the print press ready.
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Market should really pop, Eggs are down 79%
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So the chatter should go to past the close as that would protect the drop during market reg session. Starting to ramble now. Needs to go below 17,410 and stay below for drop, above should lift back up into the O/N magic lift zone. Fact checking may be the curveball after the close.
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