NASDAQ 100 E-mini Futures
Updated

NQ Range (10-17-22)

1433
NAZ stayed in the range of Thursday price action. Going with Range day for Monday with O/N not propping much. Looking for Drop/Pop for Monday, which tend to be bullish. Next stall above may be the stronger push lower for bottom test. Today just melted lower and could be a Long set up as we did not see much force with drop.
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Going with big action and bigger reaction. NAZ staying above 10486 would/may just be setting this up, Mondays are usually bullish.
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The move up may take a few days. Friday may also be heading lower, may take a few days. Key week, just mapping out range.
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Friday was 1 way and never turned, next move should be up. May be O/N move prior to Open. Circles show previous type days and next moves. Should a move up stall, drop is likely. O/N lower continuation may set up Open bounce, this has been the pattern.
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30M IDS 50, looking for Blue Signal on IDS 50. IDS 27 will show 1st, the false signals were getting me on Friday on 27. 50 is more reliable but late.
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KL to watch
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1st move is 200 points to upper MOP, would not be surprised if 1 way biiger reaction from here. The machines just go and do not know when to stop. Open may see PB or retest, that would be normal as is the O/N prop job, back later.
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IDS 50 KL's from Friday
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Monday, yellow MOP should be zone for next move.
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MOP extension zones, may see clean out above MOP, lines are turn zones.
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Inverse H/S is playing out. 10870 is KL, Long above and Short below (this week). Price is at center of multiple channels, O/N pump dump is set. Not sure we see dump as the machines may take some time to turn. Friday was an odd one, just did not feel normal at all.
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Zero push pull in O/N, look for in Open. Stay Long until you see it. I will be back mid morning.
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Friday was Long Ste Up.
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May retest bottom of 1st 30M.
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Above, Top 1st 30M not bottom. Typo, meant drop to top of 1st 30M, Bottom would be if push pull returns or tomorrow when all this likely fades, then back up , and so and so on.
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10700 to 11000 is all O/N and very little is Open. This is the only way the NAZ can lift. No real news today and Monday's are Bullish. So 300 from O/N and 100 in Open. Typical ratio, need to see Open get higher and that usually never really happens. NAZ is at TLX mow at 11130, needs to pass. 11032 needs to hold on drop. Done for now. Use 5 day if I should not update tomorrow or the balance of week.
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5% on FNG1, 1 way PA or bust, that is what we are dealing with. Back lower most likely in a day or so. Let the machines play out.
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Slow Grinder, switch to IDS 20.
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PB coming. Propping to offset any drop to follow. Needs to get above 11130 and stay.
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Using profit on some Short action under 11130. BofA CEO is stuttering?
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Scalping, can't type it.
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Long Trap, 2nd H/S.
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Runner coming then bounce back.
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11090 bounce and off short.
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11201 is upper target passing 11130.
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Stuttering CEO is off.
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Mostly O/N and near top 1st 30M. Not real impressive.
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some push pull is showing up. Stop if long
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11130 is hold NAZ back. Pass is the support.
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10950 is KL to watch over next day or so. Stalling NAZ, most likely will drop soon, after final 2 minutes.
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1st 30 M are large trades and institutions, the DZ and balance are others that try and push NAZ out. They did not do that today so back to Open Range.
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O/N are retail mostly that trade the range with the Riggers. Open Session range of 100 points is kind of weak. Off session low volume has have upward bias, all year.
See the move after the Close. Just easy rigging. Still looking for huge O/N drop and Bear is not over until we see that.
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10YN went back to lows and gave back gains. Keep an eye on that.

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