June 17th Post update, look Long at white line (11,334). Month end and Quarter end Drama. 11,257 is Strong Short zone (on break) and Strong Long on Hold. On the flip side, I have been mentioning the back to back down Open & down Overnight (lack of) and here we are. This could be the start of a real move lower? Not sure on that, think we need to see more of this. Go with Drop/Pop and short on stall after decent bounce. 11,202 is lower TLX and most likely max bottom. This post is good for the next few days, let these test levels play out.
Big Box Chart
Big Box Chart
הערה:
IDS Long Set Up. White arrows are Long/Divergence set up and Yellow are Short. Long Setting up Now and will target 11,525 (Scalp Trade)
הערה:
Close Long Scalp and play the range.
הערה:
Long again and scalp from 11500 to 11550 or so. If you are conservative, wait for NAZ to pass 11,510. Scalp action and not bigger picture here, can rack up points scalping these moves. Use stops and have fun.
הערה:
Scalping use 20-25 point stops and 30-50 point take profits. Peak to valley and valley to peak trades. Use Range Bars and not time based charts. Stepping way until mid morning.
הערה:
11495 is Strong support and Long set up to go higher for bounce prior to Open.
הערה:
Remember my comment from other day: NAZ will climb higher to gather shares to take lower. This is a selling supply problem at a low (no more sellers). Fake run up to Pop/Drop set up, this is your WHIPSAW.
הערה:
Long Target and Short zone is white line above. NAZ does not get that high or stall, go Short at that point.
הערה:
10YN is up and CL is down, Look for Pop this morning near 11475 or 500
הערה:
Look short under/near 11600 at stall from Pop.
הערה:
11600 will be the bigger Short should it stall out or go sideways. NAZ staying the The Box. Long at 11480, do not go Short here, long would be better.
הערה:
Double bottom Bounce should show up, if not place a stop behind.
הערה:
Here or 11340? Welcome to Trading.
הערה:
Pop may show up, we are only 100 points off yesterday low after 2 days, NAZ had time to get real low.
הערה:
Here comes some whip, 11550 is likely as 1st target. NAZ should hit 11600 by EOD or at some point.
הערה:
adding to Long at 11400.1 way NAZ will turn today, Will add more at 340. Do not follow this is aggressive.
הערה:
Dropping 350 add and 400 add, 1 on. Will drop last at 550 or 400 whichever is 1st.
הערה:
Range
הערה:
Closed last long at 11490, Flat. will sit aside.
הערה:
You can see why it is better to go counter trend intraday. Today did not seem like a 1 way runner.
הערה:
Update
הערה:
Update
הערה:
Update
הערה:
FYI, 11340 appears to be the BOTTOM. Look for NAZ to retest or go up from here.
הערה:
Long at 11540 to 680
הערה:
Add to Long.
הערה:
30 point stop.
הערה:
stopped.
הערה:
reload 2 long at 11490
הערה:
30 point stop.
הערה:
Hold or move stop to break even.
הערה:
Half way down 1st 30m should pop.
הערה:
drop 1 for 35
הערה:
stop at 480 on2nd.
הערה:
drop 2nd at 45 for 55
הערה:
Scalp day.
הערה:
Overnight Prop Likely.
הערה:
680 stall and back down.
הערה:
Run looks fake, usually will work and then sell off.
העסקה בוטלה באופן ידני:
Range out.
הערה:
NAZ has gone nowhere the past 2 days.
הערה:
11340 is likely if no Prop.
הערה:
Vertical White line is the sell off after fake Pop.
