NQ Targets (02-05-24)
Last week I posted only 2 (white arrow) Public posts or forecasts, they are attached. This will be the one and only for this week and should the typical Monday rally not play out, follow the yellow arrow back lower. Just watch the O/N Pump/Dump set up this week. I will update on Teams.
Note
IDS20 is head south to FA Zone and 1st lower targetNote
10YN is really dropping, what is up? NAZ should be dropping.Note
Under ML O/R may go back to 17575Note
NAZ having a retest of KL 17715, rejection for now.Note
Under 17710 should drop for retest of 17590Note
17700 has IDS20 Air Pocket developingNote
May see sell off under O/R and 17715.Note
Dead Zone lift only went back to O/N high and nothing more. DZ lift was 200 points but could not get out of O/N range. Could be Long Trap.Trade closed manually
17715-20 Seems to be a problem zone. Typical Monday and huge move back up with flat on the day. Good Luck this week and I will check in later should anything actually start to break out of this range we are in.Note
17715 has a bearish previous 60M Candle.Note
6/6 Private Post BTD
Note
Note
Note
FYI, Under 17725 may be lower for a day or so.Note
2/6 NAZ working in a 200 point range that it will break out of and most likely lower.Move up and U Turn by EOW
Note
2/6 O/N, may see U Turn by Open or Reg Session. FUMES.Note
2/7 NAZ at 17800-50 SHORT it and go home.Note
850 rejection, O/N Pump Dump when Reg Sessions stalls out. Why is the NAZ so predictable and SLOOOOW lately?Note
2/7 Overnight, one last try and Reg Session will have selling activity on 2/8. BTD/FOMO Forever, we do have Holiday on 2/19 (markets closed). May suggest drop some til or just prior and then rally mode with "Buy in May" set up. Unless we see a third war unfold (much chatter the past 2 days), that may be why the pump/dump set up or drop offset of this price action.Note
2/8, Stalling out near 850-60, look for drop test. NAZ in O/R or 9:10 am ct at 17842Note
NAZ stayed in O/N range 100% and no pop through on upper end. At 17837 now, look for lower O/N range retest or 17800Note
850-60 keeps rejecting and other indicators are flat, look for drop.Note
17890 KL to watchNote
Just Fumes and not sure how it is staying UP.Note
Watch ThisNote
Back later as today is SLOOOOW, 17880 may see a Hook Short drop test.Note
Caution with Price Action past few weeks or months. The intraday movement is extremely slow and 1 sided (up), this will get back to normal when the selling shows up (soon). The next move will be violent and lower for a test, that may start the back to normal flow.Note
Stalling NAZ is a Falling NAZ, Boooring, lets go.Note
retested ML O/R and back above (17835), Low volume so may get whippyNote
Final Minutes may move lower, this has been a very strange day.Note
So the idea is that the NAZ had all day to go higher and did not. Now like magic it will pop? Why? Not sure that is the move here, look lower.
Related publications
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.
Related publications
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.