Another Friday high to Sunday/Monday O/N low of 1,000 points or more, new pattern? The drops are in the off session with gaps. BTD/FOMO's are trapped (is what I see). NAZ at 21,256 (2025 Open Price), under Danger Zone TL (Orange TL above) and near channel bottom. White arrow is range for break out and 20,695 is TLX Spoke level that is the Danger Zone Express Lane (break under). On the upside, that is easy: Buy any Dead Zone hold (after 1st hour) or any weekday O/N until that does not work. Prior 1,300 did retrace most of drop in 4 days, only to be retested in 1 night. November 2024 to current has been a channel that is setting up a huge/massive move. We do not know the direction, most likely lower since the Reg Session just can't seem to hold or lift the NAZ higher.
Nota
Just do not think the Upside has the Gusto, back later. Nota
NAZ drops 600 points and then retraces back 500. Playing the range in Reg Session and waiting the THE BOSS to set next range. Notice here again, the Reg Session usually does not break the range of O/N. The BOSS (low volume, off session) is in charge and will tilt to the Long Side. I am waiting for the strong curveball, may be a fantasy. I do have a hardhead and will tend to dig in when snail speed is present. Waiting on the Turd.Nota
Washington Street is in business. Market should just fly and if it does not, we are doomed. Breaking News just now on US Wealth Fund. Hold off on the Short as this plays out. NAZ at 21,440 Now.Nota
2/5 Update, NAZ is just churning in place and the O/N is not helping anymore, that is not good for the Long BTD/FOMO's. Line up the previous ML of O/R's (mid level of Open Range, 1st 30m of reg session). The two white arrows to the left rejected and the two yellow arrows are next. The vertical white is range for the next move, the break below 21,256 will drop huge this time or soon. A stall at 21,800 would be a Strong Short. Nota
Does not add up, GOOG -7, TSLA -2.7, AMZN -2, AAPL -1, MSFT & NFLX Flat, not sure if NVDA can carry the is much more? I would look for fall out after Dead Zone and near the Close. Back Later. Nota
Next range to watch. Math did not add up today, something is cooking and if you review my prior Post's you will see similar PA and calls (materialized). I usually would load up Short by now (early) and feel the pain until it turns. No thanks as Washington Street, O/N Riggers and Dead Zone Clowns are in control. O/N has not been there and that is very odd. NAZ needs the O/N lift, maybe Washington Street has FIRED them?Nota
2/6 Update, Yesterday was a strange one. Normally I would have gone with the Heavy Short, probably at 21,600 but held off. Chart below is for today and will be key as we want to see if Friday changes tune or will bust the NAZ higher. O/N new pattern is to drop/pop with O/R drop to Dead Zone rally. We are still in the main Shaded Zone and inside the Turn Zone. Yellow arrow is range for today and tomorrow, Red TL is the Diablo that you need to watch. 21,665 is FA Zone that the NAZ may hit for a reaction. Nota
Stubborn Biatch. May get stopped with no loss.Nota
Every KL of Danger gets lifted back up, crazy. Will break eventually.Nota
Anyway, we are looking for NAZ to get above O/N high 832, usually will not or will come back under in Reg Session.Dagangan ditutup secara manual
Notice where we are, KL 580 and I wanted to go heavy Short at the level 2-3 days ago and held off. By waiting for the drop offset play to play out, I avoided the pain. We are back to level and will see a move back up or drop below on stall out. Going Flat and have a great weekend. Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.