Updated

NQ Range (02-03-25)

Another Friday high to Sunday/Monday O/N low of 1,000 points or more, new pattern? The drops are in the off session with gaps. BTD/FOMO's are trapped (is what I see). NAZ at 21,256 (2025 Open Price), under Danger Zone TL (Orange TL above) and near channel bottom. White arrow is range for break out and 20,695 is TLX Spoke level that is the Danger Zone Express Lane (break under). On the upside, that is easy: Buy any Dead Zone hold (after 1st hour) or any weekday O/N until that does not work. Prior 1,300 did retrace most of drop in 4 days, only to be retested in 1 night. November 2024 to current has been a channel that is setting up a huge/massive move. We do not know the direction, most likely lower since the Reg Session just can't seem to hold or lift the NAZ higher.

Note

Monday moves, 1st move will be followed by opposite arrow.

Note

21,330-50 may be high and the U Turn lower should 1st move be Up.

Note

Rejection under 330-50 zone.

Note

Under 178 should drop to 21,000. Hold at 178 should pop back up to 320.

Note

Nice range and knee jerk pop, back lower is next idea. Needs to retest 330-50 and break under or back up is next. Remember that O/N is The BOSS.

Note

320-50 retest and 2nd pop. Let it lift all week and the next drop will happen in minutes or hours for 1,000 plus points.

Note

100 point moves in minutes to the downside and Snail moves to the up.

Note

1st arrow Gap fill stall out should let 2nd arrow play out or BTD is The Boss and O/N will rally back to 21,975

Note

Just do not think the Upside has the Gusto, back later.

Note

Dead Zone curveball, 460 and under is a Short if you are Long. Back to 350-250 range.

Note

Hey, BTD'r BTD'R SWING. Anyway, just watch 460 level and next stall out.

Note

Turd Signal and lower target, may hold but know it is there.

Note

Turd Zone Tricks, just so predictable. O/N rally is only hope or huge pop in final 10 minutes of the day.

Note

Watch your Wicks, back later.

Note

NAZ drops 600 points and then retraces back 500. Playing the range in Reg Session and waiting the THE BOSS to set next range. Notice here again, the Reg Session usually does not break the range of O/N. The BOSS (low volume, off session) is in charge and will tilt to the Long Side. I am waiting for the strong curveball, may be a fantasy. I do have a hardhead and will tend to dig in when snail speed is present. Waiting on the Turd.

Note

Staying looking at Scalp Shorts under 460. Chart below is Range since 11/24 and yellow Dash is ML of Range. Look Long above and Short below. May see U Turn above gap fill, this bounce seems like a head fake. I will be back near the Close.

Note

Washington Street is in business. Market should just fly and if it does not, we are doomed. Breaking News just now on US Wealth Fund. Hold off on the Short as this plays out. NAZ at 21,440 Now.

Note

Yellow arrow is ML to ML and break out is key on upper side. No break out, look lower to 21,100 for decent bounce/drop test.

Note

Under Danger Zone and O/N move is next. Most likely Gap Fill and drop.

Note

2/4 Update, NAZ did Gap Fill and drop in O/N back to 2025 Open Price. Yellow arrow is range for breakout. 20,695 just seems to want to be hit.

Note

KL 460 breakout and needs to pass and stay above DZTL, In am out today and flat.

Note

Just watch out for an M on any drop.

Note

Turn Zone above

Note

Air Pocket below

Note

AP did drop to DZTL and back up. Need to continue to Scalp.

Note

Should NAZ pass Turn Zone, it will try ML of Channel. Most likely in O/N.

Note

Back at DZTL

Note

2/5 Update, NAZ is just churning in place and the O/N is not helping anymore, that is not good for the Long BTD/FOMO's. Line up the previous ML of O/R's (mid level of Open Range, 1st 30m of reg session). The two white arrows to the left rejected and the two yellow arrows are next. The vertical white is range for the next move, the break below 21,256 will drop huge this time or soon. A stall at 21,800 would be a Strong Short.

Note

Bigger view of range play and ultimate move to KL's below. Timing is not important, looking at KL's hit and reactions. Either we go higher soon, or the Yellow Brick Road is next.

Note

NAZ in Mid of Range, NTZ on 1st move.

Note

Short under 580

Note

580 call did drop, have to scalp any short until break out. I am out and just placing Shorts with Stops or Target OCO.

Note

NAZ working the range mentioned and at Turn Zone, again.

Note

Does not add up, GOOG -7, TSLA -2.7, AMZN -2, AAPL -1, MSFT & NFLX Flat, not sure if NVDA can carry the is much more? I would look for fall out after Dead Zone and near the Close. Back Later.

Note

Next range to watch. Math did not add up today, something is cooking and if you review my prior Post's you will see similar PA and calls (materialized). I usually would load up Short by now (early) and feel the pain until it turns. No thanks as Washington Street, O/N Riggers and Dead Zone Clowns are in control. O/N has not been there and that is very odd. NAZ needs the O/N lift, maybe Washington Street has FIRED them?

Note

2/6 Update, Yesterday was a strange one. Normally I would have gone with the Heavy Short, probably at 21,600 but held off. Chart below is for today and will be key as we want to see if Friday changes tune or will bust the NAZ higher. O/N new pattern is to drop/pop with O/R drop to Dead Zone rally. We are still in the main Shaded Zone and inside the Turn Zone. Yellow arrow is range for today and tomorrow, Red TL is the Diablo that you need to watch. 21,665 is FA Zone that the NAZ may hit for a reaction.

Note

Set Up for a move. This will show an Air Pocket developing since the Open Range of yesterday. Divergence is there and a big move should follow, could be up if buying volume picks up or lower if we see a Hook Short as NAZ lifts but can't take out recent high 21,800

Note

NAZ may rotate around the Diablo lower or stay above and retest 21,800 or 21,875

Note

NAZ is ML of O/N Range, let it play the range 1st and 2nd move will be the one to play.

Note

820 is KL to watch

Note

Still in TZ and will need to get under Diablo

Note

Loading Short under 840, stop 880

Note

Stop at 840 now.

Note

Stubborn Biatch. May get stopped with no loss.

Note

Freefall under 780 or back up.

Note

Every KL of Danger gets lifted back up, crazy. Will break eventually.

Note

820 is next KL, this is stop clean out and then drop or snail lift in the Dead Zone.

Note

Anyway, we are looking for NAZ to get above O/N high 832, usually will not or will come back under in Reg Session.

Note

Back at 780, stay with it and the flash drop is higher probability.

Note

These narrow sideways moves usually produce huge moves, when they break.

Note

I will not chase or move stop, only other play is that they will go sideways to O/N Safe Zone for huge move higher into Friday-Monday Long Rig.

Note

Hilarious, stepped away, hit my stop and now it tanks. Stops Kill and usually do use them. Garbage PA during the Dead Zone. Anyway, see how Reg Session usually does not leave the O/N range.

Note

Looks like it wants to go lower, it just won't.

Note

NAZ definitely is running out of steam and holding off on the heavy short has been the best move. Zone to the right is the drop zone, if not before. Today upper range did play out 875, just can't go Long and would rather short this.

Note

4 HR view and Channel

Note

2/7 Update, Just waiting on Yellow Arrow to happen. You can smell the weakness and rig/prop odor. Go Fed, Washington Street, BTD/FOMO's. Thank you.

Note

Still narrow with slight up trend

Note

Rotate around DZTL

Note

Needs to pick up some speed

Note

DZTL for sure, 10YN yield is popping.

Note

690 needs to break or back up

Note

DZTL Bounce

Note

Typical, hits KL and just goes sideways.

Note

Price Action is just sketchy looking when it is not lifting. Jerky erratic, at best. Needs to get under 554 in order to drop deeper.

Note

Open call, so far.

Trade closed manually

Notice where we are, KL 580 and I wanted to go heavy Short at the level 2-3 days ago and held off. By waiting for the drop offset play to play out, I avoided the pain. We are back to level and will see a move back up or drop below on stall out. Going Flat and have a great weekend.

MAZing

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.

MAZing