YTD 4 HR chart and the planets are aligned. Looks or if 20,142 is rejection zone, we may retest 19,400. Long above 20,142 and Short below. 17,027 is 2024 Open Price, FYI. Follower's, I am taking a few weeks off and will Post what I can. Do not chase, remind yourself the O/N is The BOSS and has magical powers. Why is there a -7% limit down and NO limit UP?
30M Chart
30M Chart
Note
KL 19,665 Hit and under is expressway and above will go back in zone.Note
30M ViewNote
Should be 1 way Choo ChooNote
NAZ is Mid of range of past 12 days, should head lower under TLX 767Note
795 is Reg Session low of yesterday and NAZ was rejected. The lift up is retesting KL's, not passing should have the direction switch back to lower move. This is normal and can bait you in. 680 and under is back to expressway. Note
Notice the PA at 680, next clueNote
TLX 874 now and options expirations are today, could get wild.Note
875 no pass is Short. Close Stop just in case.Note
Passed has to come back underNote
Playing O/N range, The O/N is The BOSS.Note
Should go back to 680Trade active
Out and have a great weekend. KL's to watch. NAZ has shown nothing and the Games are in control.Note
Back up to O/N Top and most indexes ended up flat on the day. Convenient for the Options folks, rigged or magic.Note
3/24 Open. I mentioned I am out next 2 week, limited updates. Anyway the Long Tricks keep coming, always in or near a Danger Zone. Zone to watch is 19,500 - 20,695 Chart below. Last Friday long play into Monday is playing out with a Gap to BOOT.Note
Notice 20,000 level with Gap Move bookends. Prior post mentioned Long above 142, why not. BTD/FOMO and Go Fed. Why always in an off reg session (going on 2 plus years)? I think this one question will be answered in near future, just seems weak/fake. Note
3/25 Update, BTD and U Turn to KL Turd Zone.Note
Major Gap below on NDX. Gap fill will usually follow after a few days or so, needs to stall out.
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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.