Updated

NQ Range (04-17-25)

NAZ with some major help from the final 30 minute (Close) and Overnight as we see the 500 point retracement. Next play is with the extended weekend and the lift may continue. Big bounce (U turn) off KL 18,300 or Danger Zone, the lift comes when? The final minutes and O/N. Holiday volume next, Long may be the play should the Pump/Dump not show up or the NAZ can stay above KL 18,715.
IDS view below.

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4HR Chart of 5 month trend.

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18,530 and under is a Short, above go long to O/N high.

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Range day, just another O/N Pump/Dump or drop offset. Games continue.

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Previous quick moves up in minutes continue to be sold off. The struggle to get lower is continuing because of. Once these stop the NAZ will tank.

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Next is Dead Zone lift on a Pre Holiday long weekend. Should be back up and if not, that is not good. Anyway, it looks like the Pro's are exiting on each lift, just hard to tell with jerky whipsaw.

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Key move of the day at this level.

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Like clockwork and looking lower, could be a head fake drop since the Rig Team is still active.

Trade closed manually

Staying Short with stop at 18,720, have points to play with. NAZ will have to basically stay under 18,500, may go above some clean out and drop. Need to step away as the snail PA does its things. Have a good long weekend and block the noise.

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Starting to move, you can trail it lower, I moved stop to 18,500. Struggle to get lower will continue until Just Lower. Not feeling super selling just yet.

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18,200 may get some Uncle Bunker Breaking News. Should be interesting if not.

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Moved stop to 18,365.

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Out, this is why I rarely use stops. It is like they see it take and move away. Have a good one and should be range to lower for balance.

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FYI as we near the Close, typical games. 100 or so point channel with 14 direction changes, looking for a break out. Typical Holiday low volume days will see a run up with Failed Auctions in minutes. Should this not happen, the NAZ will drop out of lower range. Any pop above that stalls out will usually drop back inside the range.

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Back in mid range with 1 hour to go, could get interesting.

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Back to lower range, this market has zero selling force outside of the Open Drive. Only long moves at strange times in short minutes. This will not carry the NAZ much longer as the big dogs will take it down. I was expecting something today. Need to see what final 10 minutes does today.

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No go, they are keeping it away from 270.

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Unless some actual selling shows up, you can expect the U Turn come Monday.

MAZing

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MAZing