NQ Earnings Week (01-23-23)

Jan 21, 2023

Since ATH the NAZ has struggled to get lower and has produced fast retracements (with force).These lifts in price appear to be like "falling bridges" to next decline. The 10630 hold/pop may be the start of "lift bridge" should it hold up through earnings week. The U Turn on Friday may of helped with providing some cushion. Key Levels above are 12,000 & 12,300. White arrow is Long play and Yellow arrow is Short set up. Overnight/After Hour trading will be the focus this week and usually moves in the Up direction (most of 2022).

Jan 22, 2023

Note

NAZ could be set up for a Huge Bounce as 3 year POC is yellow dotted line or current price. Lift Bridge needs to lift passed 12,100, 12,300 & up. Rejection and look Short.

Jan 22, 2023

Note

1 Year POC, same. May be solid base?

Jan 23, 2023

Note

POC held today and NAZ hit Fib Level 11980

Jan 25, 2023

Note

NAZ rejected 12010 (near 1st yellow line 12069) and has fallen 250 points in O/N. May see 11640-20 before a bounce.

Jan 26, 2023

Note

Today NAZ was rejected at 12069 KL, second attempt by EOD.

Jan 27, 2023

Trade closed manually

Hit Top target and rejected.

Jan 30, 2023

Note

Circle is the Battleground or range to watch (until 2/1),should NAZ retry Top.

Feb 1, 2023

Note

NAZ at 12500, may be the Max POP. My Target is 13600, not sure it gets there. We will see.