Using TLX's today with KLOD. Small Cap's may be seeing a shift to and away from LC Tech, rotation is back on. TLX's are 15859, 15696, 16018, 16076 and 16126. Looking for 15859-16018 being the range today with KLOD at 15967, Long above and Short below. 15955 is lower range of Blue Box and NAZ is under. I will update on Teams.
הערה:
15930-40 will have Long Scalp back to KLOD 15967, use a stop if taking.
הערה:
Scalp Hit,
הערה:
Looking Short today and not typical Monday. CL is lower, 10YN is lower / VIX up and Dollar up. RTY Up. Stall out with drop/test is most likely.
הערה:
KLOD with 3 rejections
הערה:
KL 15840 should be is play today for a drop test.
הערה:
15945-35 hold is 2nd Long Scalp back to KLOD.
הערה:
Larger trade is Short from KLOD rejection, need to let the range play out.
הערה:
Looking back, past few days have clearly been Drop Offsets and I think we see a drop into Jan/24.
הערה:
No O/N Lift is very bad for the Rigged NAZ, No Strength in Reg Session.
הערה:
15800 is Danger Zone and look for the defending at level, they will not want it down there.
הערה:
KLOD 100 point Short, TLX 15859, 840 and 830 should see a hold/Lift Scalp Long for retest above near 910-40.
הערה:
15840 Hold is Long back up.
הערה:
Scalp O/R Levesl for Break Out.
הערה:
Range Long is TLX 15856 - 15910 or KLOD. Do not Feel major drop just yet.
הערה:
U Turn in Dead Zone are go Short today.
הערה:
725 is Long Trade back to ML O/R
הערה:
740-25 is Long on Hold.
הערה:
FA Update and NAZ should start moving up from 725
הערה:
The 725 Long was hard one, the snail PA is what to expect during the Dead Zone and UP is usually the ONLY Direction, Part of the Rig Drop Offset.. 7925-820 may reject this weak lift.
הערה:
This lift is most likely a rig drop offset that will retest lower/hold bounce or lower no hold drop. The O/N may try big Rig back up as that is the easiest way they can lift the NAZ. Back Later, trailing Long in the DZ.
הערה:
ML O/R Hit and under 850 is a short for EOD Drop.
הערה:
May be last lift to get short for day or next few days. 850-910 is no pass drop zone.