NAZ is near 400 points lower than Friday O/N High, look for retest back up some prior to next drop. KLOD is 17820, O/N Range in Blue and SZ's are channels that may be targets for turns. Need to see if Reg Session starts the day out with selling or buying, selling has been the pattern (look for the opposite, then selling). I will update on Teams.
Lift from drop 2 days ago has been sketchy or weak. The O/N continues to provide the lift while Reg Session sells off 1st. Not buying it, the Friday run up may happen (usually does on Holiday Weekends). White TL is Danger Zone and look for a drop or U Turn. Arrows will provide targets for pop or drop, no idea what is in store but looking at inside this range. I...
NAZ is 250 points off yesterday low and that came in final 30 minutes of close and O/N, look familiar? The Yellow arrow is O/N Range and this is the range for break out (the O/N is the BOSS). NAZ may have hard time passing 17850, KLOD is 17731, FA;s are Orange Zones and all over the place (targets). White TL is Long above and Strong Short below. Expect a U Turn up...
The drop test may not happen until Tuesday as Mondays usually follow the typical Friday flow up. KLOD is 17987 and FA below for a drop test from O/N upper/mid range. Red line is top of old channel and needs a retest hit. FA hit and bounce is white arrow to upper target and Short from there on Tuesday. I will update on Teams.
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.
No Friday rally after Thursday Overnight drop with no Friday lift, not the typical pattern. Monday will be key moving toward Fed Day. 17640-17450 is range to watch for break out on Monday. YTD range is 8.85%, white dash is Mid Level (just above 2024 Open). Upper white dot is Strong Short at rejection, Yellow is Strong Long at hold and a drop through may target the...
Weekly forecast has been accurate, so far. The O/N lift last night after the 2 previous days (including a Fed Day) may suggest that nothing will be changing with the flow of PA. No matter what the Reg Session does or the other World Indexes do, the O/N will lift, drop offset, Rig, Prop, etc. These are all to the Long Side and set up Long Rallies or Pump/Dumps (at...
It has been a fun week posting and updating. Thought I would get this one out prior to the potential Overnight Drop that may play out. I could be wrong as the O/N usually lifts the NAZ back up with ease. Anyway, think that may change tonight or into tomorrow. KL 17670 is level to watch and Blue Boxes are zero support express drop zones, NAZ gets there and nothing...
Yesterday was a start with weakness or potential direction change, NAZ was pumped up in O/N and U Tuned in Reg Session, went under TLX and dropped 200 from Day High. O/N is flat (today) and Open Drive will retest yellow arrow, break out is next move and most likely lower after a stall out as NAZ will not turn easily to the downside. KLOD is 17656, 17448 and 17253...
NAZ will need some help from pre open (Overnight) and Holiday (Monday) closed markets low volume price action next week. The move should be to upside 1st and then lower. Mian channel is the 17000-16450 with 2nd channel of 16900-17500. Arrows are potential plays, yellow dots with lines are TLX's (trend line cross) and orange boxes are FA's (failed auction zones). ...
Expecting some games today after the rection yesterday to the outside day reversal magic trick. White arrow is Long and Yellow is Short. BTD/FOMO Forever (O/N and until Tuesday). KLOD is 16926 and O/N range is 100 points, again. I will update on Teams.
NAZ near 100% recent drop from ATH retracement and done 1 big day and a few other O/N & Final Minutes of the day moves. Just not buying the real strength, more like typical games. FA's were taken out all the way back up and now we have a big one at 16600, just watch that level should this break out of the channel. O/N Range is exactly the same as yesterday (100...
NAZ is loosing some juice with move up so expect a Pop Stall out during Reg Session. Circle is TZ (turn zone), KLOD is 16785 (long above and short below). Blue Box is Open Range play and break out lower is looking to leave Channel and potentially the lower FA Zone (orange box). I will update on Teams.
NAZ will not drop and may retest higher should it break out of the Box. Yellow arrow is range to watch. Daily chart is showing a mid day close and can or will move strong out of range, thinking up with O/N to Monday pattern being usually up. 16292 hold is Strong Long, I will update Monday KLOD and ML O/N on Teams. Daily Chart
NAZ is just struggling to get lower over past few days, will pop up to retest near 16700-800. Support at 16292 on Hold or hit for strong Long. I will update on Teams.
KLOD is 17111, ML O/N 17099, under is Short and above will float higher. H/S forming but probably nothing. Air Pocket below on MACD, but probably nothing as volume is too low unless some want to exit early. I will update on Teams.
Overnight does it job with what may be one of the final Prop Lifts for 2023. This group has been busy for 2 years and has provided more than half of the gains or drop offset points over the period. Yesterday mentioned KL 17065 as level to watch and in final 10 minutes we started the climb (clear away) from the KL. Just watch the level and KLOD is 17100 (long...
KLOD above will stay higher and below will have to stay under for Short trade to lower target. KLOD is 17052 and ML O/N is 17088, need to see the Open Range play and volume. I will update on Teams.