NASDAQ 100 E-mini Futures
Updated

NQ Range (05-15-22)

1344
NAZ range day, upper target is the O/N prop target. A stall near is the proposed Short level. The lower range is the drop test or Long target. A failure here would suggest a move to Red line. The circle is the Strong Short and deeper drop lower zone. Friday was a low volume lift and prop session back to previous high, this most likely a Long Trap or start of a Short. The NAZ continues to be propped during odd times and O/N sessions, this will break.
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White arrow will show the late Friday Prop, volume does not match PA. Sign of future Air Pocket.
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Left box is 300 point 4 minute O/N 1 way prop and Right are Friday (odd PA) props. Take these away and where is the strength? Definitely not in Open Session. The Open sold off the day of and day after 300 point 4 minute Prop. Friday was just a retrace back to high Prop level.
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Friday's fake rally at end of day (air pocket) was tested in O/N. Careful on Short side, pivot above at 13670 and would not be surprised if NAZ just runs straight up to test it prior to Open or in 1st 30M. These days it all about tricks and timing of things and not at all about real price action.
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Watch Walmart, should POP if real Bull and if not just another clue.
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The attached is an extreme joke of an idea of next move, watch this actually play out. This how you need to think when plotting moves. Again this is not a real call, just a joke or fake call that will most likely work.
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You just want to lay in heavy with a Short and the constant lifting and retracements of the NAZ makes you hesitate and freeze. This is by design and the game being played out by the pros. Do it with a stop or wait until a long stall. The last long stall was Friday afternoon and that was turned into a 80 point fake rally. The issue is with volume recently and not value, strong buying.
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Data from China was negative and that may be why the Prop Up late last week played out. Funny how the ying/yang usually plays out. Why did the NAZ rally on no volume and no buying late Friday? There you go.
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Indecisive so going with 1st move Short to 13490 then 13450. Stop at 135745 and will place short under 13575 or close too. Pass 13575, no trade.
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No trade. will stretch NAZ up 13625
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Under Near 13625, look Short.
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Bounce off 45
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Game is in range of high and 13550, stepping away.
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High of 625 will fall.
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No Strength in The NAZ, will Drop/POP fail.
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1st 30M 100 point candle, 375 is Friday high and no pass is drop test to bottom 1st 30m. You should of had 3 short trades by now.
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DZ lift is expected prop.
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DZ failure is Long Trap for BTD's.
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Above chart (joke trade) may play out.
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Strong Prop strength, have to ask why? Just do not feel real strength behind these moves up. More points with short side today than retracements except for open drive. Below 575 is strong short, anything above may pick up speed and go to 675.
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Drop/Pop is playing out. Looking for failure and then decent Drop.
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13620 bounce test.
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Vertical, again.
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I have a Short call at 13700 (original call). This may be upper target, hold off on Shorting until retest from Under High or target (2-3 times).
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Open drive gets sold off (bearish), then Dead Zone rallies (odd). Looks like games, this may actually fall. Again, only growth gains are on odd times or strange price action, very consistent.
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Longest trade today was DZ Long, just the opposite of what was expected. Time to seriously look SHORT.
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2nd hit at 13660 did drop 30. Look for next failure.
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Waiting on Short signal.
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Today's 150 point range is about half of usual. NAZ will go another 150 up or down.
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13655 Short is worth a try, with stop.
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Ticks changing short signal should follow
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3rd hit go or stop.
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Just like Friday, Frozen and then it ran. Could happen again or maybe not.
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AMZN is dropping and VIX is up. Not positive Volume on NQ. What do you think UP?
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Stepping away with Short on and stop.
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added 2 more short at 13662 and 85 stop.
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Lower Yellow arrow is the key, no positive volume and the NAZ is lifting, say what?
Should snap crackle and drop. This is fun since such strange movement. Now ticks rising and volume is not.
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A real lift would not take so long, anyway this will give it back at some point and most likely by OED. Will reload if I get stopped.
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DZ 10am angles, pretty steep.
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Bazarro Divergence
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2 more at 13665, 5 on Short with stop at 13685
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Short signal on IDS 20.
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Slow mo grinder, will drop 3 short at 13630 and other 2 at 13586. Stepping away
Stop on all 5 at 13670
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NQ volume so far today is 350k, pretty low.
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Closing 2 at 35 will hold 3 for retest from under at 35 and stop at 70.
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Stopped -31
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Shorting 5 at 80
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Stop at 13725
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Target 13635
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Should turn under 13700
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5 additional at 88, stop at 13725
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Dropping 5 at 88 at 78 +50
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Short 5 at 13693, stalling
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10 short to 13640 or stop.
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Looks like Friday.
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No 760 and NAZ will drop.
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Zero selling, just not normal at all.
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any sell orders and this will tank. Not looking good.
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CME NQ Volume is 400k, nothing.
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Dropped 10 at 88 +35
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NAZ will Pop in the close, most likely.
Trade closed manually
DZ Magic just keeps the NAZ elevated. If you were Long and institutional, would you sell? Not until the exit starts. Should be soon as DZ and O/N lifts can only go so far.
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Finally a sell signal at 13700. knew it was near. Darn.
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