NQ Short (02-15-21) Post Update for CME_MINI:NQ1! by MAZing

NQ Short (02-15-21) Post Update

This is the backend of the my 2/21 Short Post. Original idea with Post was the 14% Drop/Pop, which did play out. Now, the focus is with the Non Tested Gap (10,500 to 9,700). NQ Earnings Week post did hit upper Target with an initial 80-100 point or rejection into the close. The Earnings Week post has 2 options from KL, one is lower. NQ 1st Quarter Post is also at Top of Range/Forecast. The Non Tested Gap in 2/21 post, is a target to watch for.

Falling Bridge Chart
Below is chart with angle's, current angle is steep, expecting a pull back to 11840 for retest, break below 11,500 is next Key Level.

The idea is to have an understand of how to look/plan in the opposite direction while traveling in the current direction. Just feel that pull back here could develop into something bigger. Starting to Scalp Short current for pull back. NAZ 14,000 may be limit up and could next Top for awhile. We can review this Post in a few years.

Note: For those that follow, after 3 years and nearly 500 Daily TV Post's, I will be ending the Daily Forecast & Intraday free service. I am moving to a private service that will use TradingView Charts, including my IDS Indicators. Message me if you have interest. I will continue some usual post's through the end of January or so, until new program is ready. Thanks for following and all your support.

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Front end of 2/15/21 Post

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The key with the above or any plan is the timing. The actual post was 2/13/21 and the NAZ fell on next trading day Tuesday 2/16/21. The Noise that I sometimes mention or warn is that of the media, analyst's, PRODUCT managers (such as, mutual funds, ETF's, etc.). These people (are not traders) usually come in late with what has already happened, rarely get in front with a counter call, plan, idea or thought. By the time the noise changes, it is too late and the new move has already happened. I have had many (posted calls like 2/15) and Friday was a strange unusually Bearish sense, lets see what plays out this week with FED, Earnings and such. As I move to new program, I will not be providing intraday updates, daily.

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This week will be a key week for the balance of 1st quarter. The views are mixed form various sources as to, next move. While I will not be posting usual intraday calls to my follower's, I welcome you or non followers to post your moves (prior to the move preferred, you get the idea). This will help to fill the gap of intraday coverage. The coverage blackout was preplanned and I notified of this weeks ago. We can not find another TV Author that provides intraday coverage. Simple, post in the comments section for next week. Intraday Price Action provides THE most points. Seriously, I am looking for a service that I can just sit back and press buttons. Entry, Target & Long or Short.

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From the group and 1st to make a call:
SaneusiRsebuN, Made this call "Should try for a bounce around 12070 and get back to 12200 near or at open IMO. Once 12200 hit, look for stall & drop lower" Notice how he is in front of next move, Post your calls on this post.

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SaneusiRsebuN Update:
12070 bounce is not happening (yet), looking for another 100 - 120 pts drop in case of failure.

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I have to fly, watch the Diag TL (The NAZ Diablo).

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O/N gave back all of Friday gains. IDS20 Chart, provided both few Scalps and 1 Major Trade. Pretty quiet so far and very unusual when a 200 plus O/N move has happened, HMMM. Time to do and plant your flag before we go into the sideways Dead Zone. I will check in later after a few meetings.

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BTd 's are feeling it and will bail should this keep up. Rock on.

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IDS20 Update with KL and Open Drive for today.

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For those that are trading today, watch 12060-70, Stay Short Under.

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11095 is your 1st target on Short, may see bounce as PA is weak. Best trades are near at KL's. Back later.

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So simple, Entry Direction and Target. Hit or take profit when in money, you can even reverse for snap back other way on hit. 12012 is Mid Open Range.

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BTW, these 20-30 point Scalps turn into 100-200 point runners. You never know, just need to EXECUTE or call something with various details. The points add up. 12012 held and was/may be expected to hold prior to 11095. You are ready to reverse Long on 11012 hold as it hit twice and did not pass. NAZ will only fly once out of the Dead Zone range and nobody knows which direction.

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Hold here, look Long for a few.

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Short to 12012 or 95 and Long on 12 retest and hold. The plan with details is the key.
50-60 point sequence. It is what to do while we wait for the Runner. Range to watch is 12070 to 12.

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Back later, play the range.

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Big move on the way.

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Now watch 12012 and under, 98 hit. May try lower with speed. The Stall near 070 was signal to 12, again.

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Micro moves, KL 70 Short and KL 12 long are working, pass at one will be next big move. NAZ appears to be struggling to get lower. Head fake zone. You should have 100-125 points here

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FNG1 is -2.70%, usually leads.

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Mentioned sideways in Dead Zone prior to open. When the case, use multiple contracts in range up/down. You can get lucky now and then with nice runner. 100 points out of range. The shake outs are crazy tough. Use a Stop near short Entry.

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Key today was the circle at Bottom of 1st 30m. Saw these all of 2022.

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Push pull day and zero strength with Longs. O/N may play games to upside that will most likely not hold once big volume Open starts. Expected sideways until 2/1 anyway. Hopefully you chose the Shorts trade direction as that has been the trend to and since 12300 call. Watch Chine tech in O/N, had major sell off today. 11948 may see a hit at some time soon. NAZ still in 12070 - 12 range, for now.

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The Diablo, wait for it.

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The ETF's that buy in O/N will lift it upish and sell near Open. Good calls by a few today.

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Anybody know about war with China?? What is up.

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For longtime Followers: Past few sessions have been very interesting (for a few reasons) as we see the NAZ flow play out. I was early with Friday call, yet a drop it did play out. Still believe a deeper drop may follow. Regarding trust and such, you need to trust your calls 1st and seriously trust the calls of anybody else 2nd. Building trust with an another source: You must have Entry (near/prior to move), Target and eventually the EXIT or reverse. Any service, Author, Trading Room, etc. that does not provide (or show a track record) is wasting your time. There is no reason why they would not provide (current & past) if they have it. Review my nearly 500 Post's and track the Daily Forecast's and intraday calls. Then compare to any other service and if you can find the service that is real with proof, let me know so I can stop working and start pressing buttons. I am serious, let me know.

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Mentioned that I am in/out this week and this is my only Post. Update as we travel from 12,300 Short Entry to 11,840 Target. The question is the bounce or reverse trade. Now NAZ is at TLX 11,900, my target is 11,840 and we have another TLX at 11,800. TLX's are key reversal points. I would expect a bounce to wiggle with potential a of stall to drop. EX: Up, hit wall and back down. With the BTD's & FOMO's with nothing to do when the NAZ sells off, you can expect them to just jump at any chance to trade. Kind of expected and welcomed, if you think about it. Chart below, Red Lines are TLX's.

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IDS50 Update, 11,750 lower support and 12,000 upper resistance.

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11,840 to 11,671 is a Huge "Air Pocket". NAZ gets well below 840 it may run lower.

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I will be out until late morning. NAZ did bounce 30 points from target 840 (870). Not in clear just yet, if you took Long near KL 840 in opposite direction, you should be fine. Going Long now and prior to Open, may see some whipsaw. White arrow on IDS50 is the line (at 11978 now) where the NAZ may turn. Passed and above is direction change. IDS20 signaled Long at 11896, play range or wait until Open Drive.

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IDS20 needs to produce a Hook on Stoch. Down to 50% and back up.

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TLX 11900 did provide Pop and slight change. Retest and no hold, TLX 2 11800 for test. The 2 levels may be range should NAZ fall.

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Otherwise 11970 Call is Good and potential Long Pop. Good work once again.

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KL Range, grey lines.

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Notice the snail power to the downside and Strong strength to the up. NAZ continues to struggle with selling, something to watch. In comments, TradingShot has a good post. I rec following them for major trades. I would like to see an quick drop/pop prior to lift. The BTD's & FOMO's want to buy any dip, they just do not know when to get out. Just like last Friday at 12,300. We will take advantage of the fact. Drop/Pop to 11,900 would be a great Long on Hold at level.

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No pass 12132 is next KL to watch. KL opposite direction at no pass and potential next Edge Trade.

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KL's sometimes do not get hit as selling or buying will come in prior. Not perfect but close, usually.

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Dead Zone range may be 12060 to 12132.

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NAZ may need to drop to 12,000 for test. More buyers/sellers there.

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All this looks pretty weak and nasty slop. Can magically float higher, just watch quick drop/pop.

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Slop drop coming.

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12060 bounce test are failure then drop, should try 12100-30 if holds. Again micro moves with no power, back later.

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No pass at 12112 is next signal. Slop Drop/Pop did play out. Trying to lift it.

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If you got half of the 60 Points with Scalp Slop Drop/Pop, good job. These add up as the day plays out and while the NAZ goes nowhere. Great way to improve your skills.

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12,100, NAZ will keep banging on it until pass/fail. It is like a magnet while the range plays out.

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Long play as NAZ did Slop Drop Pop and came back above Top 1st 30M. Short if no pass of 12 or 30, look for stall or if NAZ falls back under Top 1st 30M. NAZ is typically a 1 way deal once it gets going. Just us stop on Long if you are in. Sometimes the weaker the price action, the higher it goes?? Strange but true, then it sells off after dead zone or near the Close. Back near final 30 minutes, just a typical play here and may or may not play out.

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Not sure where it will go next, as I mentioned. Still in range. Anyway the circles are IDS50 support zones should the NAZ drop out of range. You can see the Price Action near 11400.

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Now NAZ lifts to 12100 from nowhere, crazy. These weak Dead Zone periods usually favor a lift as opposed to a drop. Just watch head fake on lift should it start stalling. This is where I believe the rigging to upside takes place, so follow it until they stop and clean out BTD's & FOMO's (usually next move). 12060 was your Long.

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BTW, I got a note that I made the All Time Author's List for NQ. Thanks for all your support and loyalty over the past few years.

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Just feels like a Magic Pop from Disneyland is on the way. Back later, Long stop at 12040.

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FYI, Stop at 12075 or 15 above entry, see stalling. Don't have time to scalp.

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Lets go Mikey Mouse.

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12012 KL to pass.

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Stop at 12090

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12112 retest.

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This could easily be a great Short set up.

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132, then 160, stop at 12110

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Stopped +50, watch it here.

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Slop is breaking down.

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Goofy just showed up.

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This is where the BTD's and FOMO's get crushed, Month end ta boot.

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Could Short if gets past 12070 and retests from under.

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Back in range and no trade zone until break out.

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Watch the PA at the Circle, if it gets there.

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BTD's are thinking twice on this dip. Just watch the Ticks.

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Short was not the play. 160 was target Left some on, at least you did not go short.

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O/N selling off, Try and take profit at KL such as 130, 160. They may go back up to KL's. O/N is random just like Close.

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IDS50, O/N and Regular Session today and regular yesterday. Long trades above white lines (on red dips). 50 is a trend followers and IDS20 is for Scalping. 12143 looks like resistance.

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For those using IDS20, never Short when white arrows line up (as dips). Last cycle I was looking Short at 12070 and missed the final Long Trade (worst place to short and can trick you). Reason I did not call Short, just missed the Long. When scalping a day like today you get out of whack, eventually. Just do not go the wrong way. You will need to work on and will take some time when you a firing trades all day.

Trade closed manually

MAZing

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MAZing