Short

Updated

NQ Targets (08-26-22)

Today's 200 points came in a strange way, 5 minutes in middle of night and another in final 20 minutes. Low volume and nothing but lifting with ease. Just not the usual NAZ. Again, most of gains come in O/N and selloff in Open after a pop. Dead Zone to push back up after the drop. Strange days and looking like a great long tarp. The NAZ is well above Danger Zone, this is for a reason.

Note

NAZ out of short term channel and back in long term.

Note

Looking to Short the NAZ at 13200. Will set alarm and review at level.

Note

NAZ gave back final 20 minute close rig and back at top of 2am 5 minute rig pop, out of long term channel, I have TLX at 13050 as KL.

Note

For those that use IDS, this a good example of a Long set up and Short. Yesterday when I was closing the Short, I missed the Long set up. This is hard to do, in the heat of the moment and requires a strick system. Whites are Long and Yellow Shorts. You need to match up the upper indicator with Price Action. The current drop (blue lines) are or could be creating a long set up. The upper indicator whilte signal line is key here and needs to get up for the Long to be higher probable. Point is we got the Short trade yesterday and missed the Long because of the mind set and not the system.

Note

13119 is the level to watch, Long above and short below. Stalling long will drop.

Note

NAZ is juiced so much with prop, I may not be taking any Long trades today. I will wait until all signals are solid before I take that trade. 13077 is looking Long and should go test 13119, lest see if it works.

Note

No go and dropped to 68, Notice the lower highs with white peaks. The price needs to break yellow line and retest for the Long trade to be solid.

Note

20 retest, Looks weak but these moves usually get propped then fall.

Note

Prop fade, prop fade.

Note

13119, did not hold.

Note

NAZ is actually not moving lower with force, drifting. Stay with 119 being the short zone with trailing stop.

Note

NAZ back in the Box and may try for 13000 retest.

Note

Danger Zone 12850 WILL HOLD as the defenders WILL Step in. This will be interesting.

Note

NAZ in Danger Zone, now you know why all the previous propping was taking place. This should be max drop.

Note

You can stay Short or try and trade any retrace back up. 12750 would be the zone and this is your call. You know the riggers will show up in the DZ, pop, stall and drop. Otherwise trail stop your short.

Note

Danger Zone low target is 12665 should lift from Riggers not develop, stepping away.

Note

12760 Long for 100, 30 stop

Note

They will try to get NAZ out of Danger Zone.

Note

Trading on the edge

Note

Stop at 60

Note

NAZ has moved less than normal, will generate additional points up prior to another drop.

Note

Pop to 850 and close or reverse.

Note

Weak rigger PA showing up, stop at 12780

Note

95 should bounce.

Note

Looking like retest, then pop.

Note

80 stop look to reload long at 60

Note

Good news is you closed the short at current bottom.

Note

80 hit +20, watch 60

Note

going to bounce, riggers have strength and do not want to EOD be in DZ.

Note

Plan for balance is, out of Danger Zone by EOD and prop Magic into Monday. They will spin the good bad or bad good play.

Note

CME 485K so far, decent.

Note

Long at 60 or close too, with 20 stop. Use profit on last scalp.

Note

12760 does not hold should drop 100. be quick with retest from under trade.

Note

Huge negative ticks and NAZ not dropping?? May see some magic here.

Note

Stepping out, retest to Short at 60 or pop up. Going with pop up and stop at 40

Note

stopped -20

Note

BTD, where are the RIGGERS?, this is too funny.

Note

Original Long at 750 was close, lets see how this goes.

Note

Long at 40 to 850. Going for it, RIGGER Magic will prevail. 30 stop

Note

A bottom stall on a huge down day is not good, can go either way. And on a Friday, do not follow on this one. Points to play with.

Note

Stopped -30. No Rigging.

Note

Long at 18 stop 30 back, 3 contracts.

Note

12760 close trade.

Note

stop at 18

Note

stopped - 0

Note

NAZ is frozen, feeling like a POP in works. Up 50% of drop. Lets see.

Note

Having fun today. NAZ stays in DZ we are going to 12400 - 200 early next week.

Note

Such a stall will require a lift prior to a deeper drop, that is why I am looking counter long now. These counter Longs actually turn into Long Rallies as the BTD's and FOMO's just push them higher on low volume.

Note

Crazy high negative Ticks and NAZ not moving lower, this is odd. Something is up here. 5-10 point moves.

Note

Trickle to 12665, mentioned earlier and just did not believe the Riggers would let this happen after all that hard work the 3 prior days. This is good to see and sorry I missed some.

Note

Wow, Mid Lower Channel 12600

Trade closed: target reached

I just continue to struggle with 1 way day's. Too easy, today was 500 1 way and yesterday was 500 with 2 way action. The NAZ produces 300 every day if you look at moves. No Rigging or DZ action today. Previous days did build up a decent drop offset, we should be much much lower when you think about it. NAZ in the Danger Zone and October is a month away.

Note

200 away from my target from the Top of drop.

Note

Circle is Prop Drop Offset, 1st yellow is where we should be, 2nd is target and 3rd is target.

Note

NAZ is still dropping, 40 off 4PM Close.

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