Staying with the Range forecast. NAZ is inside the Yellow arrow range (yesterday post). The Box is the range to watch, NAZ may go above and drop back inside to retest KL's 17,027-16,845. You can see new declining channel above. Below is 30M chart.
Watch all moves in both directions with VIX this high. Yesterday (chart below) we had a tweet, leak, comment, etc. regarding tariffs (unofficial, not credible source) that move the NAZ 1,700 points in 30 minutes. Expect some games during lower volume periods (to the upside).
Let's go Meathead.
Watch all moves in both directions with VIX this high. Yesterday (chart below) we had a tweet, leak, comment, etc. regarding tariffs (unofficial, not credible source) that move the NAZ 1,700 points in 30 minutes. Expect some games during lower volume periods (to the upside).
Let's go Meathead.
Note
18,200 Pump/Dump Short.Note
Diablo's or channel bottom should reject it and send it back to the Box.Note
Diablo rejection, may retest again if we see any hold in Dead Zone.Note
FYI, 130-150 should be Major Resistance and an Bunker Buster.Note
Back to the Box, Your Fired. Back later, just games and tricks.Note
Box Top hit and watch the head fake long or head fake short, this may get wild. Go flat if you want to lock in gains.Note
Yellow arrows are lower targets if you hung on.Note
Adjusted the Box just in case the sideways set for a U Turn attempt gets going.Note
U Turn attempt or head fake short here at 17,675Note
17,665 is near O/N Low and usually will hold during Reg Session (The O/N is the Real BOSS) Reg Session is the Pozer. Breaks here and may try 17,500.Note
17,500 did hold on 1st hit, may see U Turn attempt into O/N for lift up and drop offset for tomorrow. Note
17,500 will need to hold or the original forecast may just play out, "Pop above Box and back in to retest the KL's" (17,027-16,685). They use the O/N to lift it and Pump/Dump during the No Strength Reg Session. Note
Trade closed: target reached
Note
NDX Update and 2nd Danger Zone level must hold at -25%. No Hold and way lower we go. I would think they hold the NAZ at this level or we are doomed. 3 years and no gains.
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.
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.