NASDAQ 100 E-mini Futures
Updated

NQ Targets (08-17-22)

1331
Let's try this again. NAZ running on low volume moves and will stall out. Drop needed to confirm level and test the sell side.
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NAZ may go higher still, today could have ben a drop test to check buying interest below. This was bought with ease.
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13520 may bounce on this drop.
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Today will be a deeper drop test or similar to yesterday. Expect whipsaw at both range levels, top and bottom. Not seeing 1 way down just yet, may be wrong should some volume show up.
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13540 will drop to 13520 - 00 then bounce up to 60 or 80.
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Needs to pass 40 on bounce from 20.
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Just pay attention to the NAZ when it looks like it wants to make a bigger move in opposite direction. You will see 1 last decent counter move, then the NAZ usually snaps and goes in the opposite for a run. Example 40 was holding and sideways, then the NAZ quickly drops to 20 and back to 40. 40 was the good entry Long and the last drop to 20 is a shake out and the Long at 40 will go after the shake out. These are scalp trades that are part of trend changes. Lets see if 20 or 00 holds.
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13520 should see counter lift test back up some, prior to any move lower.
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NAZ needs to pass 40 and retest from above or lower we go.
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20 to 40 did play out. So, 40 to 20 and 20 to 40 are high probability trades. When you identify these you can trade 5 or 10 contracts with less risk. The points add up and these are easier than waiting for the 100 point inch worm Long during DZ or the quick short drop at Open or close, just an FYI. NAZ now at 40 and will most likely go to 60 and 80.
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20 to 60 good.
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60 to lower drop test.
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20 40 test and drop.
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under 40 is short.
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DZ retrace is unlikely
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Now short or will float up. 13540
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APPL needs to drop.
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13484 is holding
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84 to 20 or stay short.
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Long to 16
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Then look short closed short.
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NAZ is struggling to get lower, crazy.
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Load up long near 80, use a stop.
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80 should be good, NAZ doing quick drop pop move.
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place stop at 60
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Stopped should bounce here.
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unless we see 1 way, which is great.
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On these good entry call like 80, many times the NAZ will drop 30 -50 then move in direction. Timing is hard. This will hit 80
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80 may drop if no pass, you can see how it can chew you up, many times better with no stop.
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80 hit and should run some if pass.
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80 to 40 and 40 to 80 is High Prob trade zone.
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40 to 60 to 80
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Stepping away, just play High Prob Zone.
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80 is near bottom 1st 30M so likely. Then drop from there is most likely. Have to quickly scalp with double and triple contract size.
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85 to 500 om lift. If not short back to low.
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Watch the 85 level as the bottom of 1st 30M will most likely get rejected and NAZ will drop.
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snapshot
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AAPL is back up, Watch the pop through action. No Trade Zone here.
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DZ fun.
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Long way to on upside.
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Drop test is playing out in DZ. Need to see the close.
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This is expected and why I did dot feel 1 way.
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Watch 40
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Under 620 look short
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80 should be hook short.
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80 rejected once.
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40 to 80 is range.
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80 hook short and rejected 2 times.
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look under 40
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pesty NAZ, we have a start.
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definitely look long in O/N tonight.
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Air Balloon is coming.
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NAZ is being held up.
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5 Long at 13490
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stop at 75
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Balloon Express
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Should pop to 520
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stop at 90
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stopped -25, should pop though.
Trade closed manually
Air Balloon trade is at 13505, 5 minutes after close. should float.
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Crazy that the NAZ does not move any lower at close. Look LONG in O/N.

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