Staying with the Long and U Turn Pop up retest higher. Bigger move after Pop Stall out. Yesterday's Post Scalp trades in the range did show the build or positioning for a Long move next. Will update as we go, the BTD/FOMO's showing up from Spring Break but may be hungover so give then a day or so.
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The big idea for today. Bigger picture for Long breakout: Overnight is The Boss and Reg Session Open Range (1st 30M) will confirm any O/N lift or redirect it back into O/N range until the EOD for next O/N lift. This may continue until 50-85% retracement of the 3,200 point NQ Drop. The push/pull battle will be sideways and set up a new range on nothing moves, throw in a Fed Day or any Gov't related news to help the lift higher. Danger Zone below (17,600, DZ lower target) will be avoided at all cost.
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All so predictable it is just a joke anymore.
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KL's will show next targets and projections after reaction.
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Range to watch
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Failed Auction clean out, should go back up
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Edge Trade at lower range, Long in DZ.
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MOP Up or bust
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Strong support and next hit or so and under may Tank big if no hold, FYI. Keep scalping the noise.
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A MOP is when they MOP up all the stops and head up/down depending on the counter move. This one is nor clear, the U Turns usually mop for 2-3 days and then head north in the O/N (usually at 3-4am).
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NDX Update, back up to KL - sideways to lower on stall out and -20 to -24% is very possible should the usual tricks not work. Still waiting on U Turn or not.
Trade closed manually
Under KL 641 and need to see if O/N can rig it up?
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O/N Pump/Dump as gains only out of O/N and could not hold in Reg Session. These are the drop offset moves and do usually work to hold the NAZ up. No lift tonight and lower we go.
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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.