White arrow is stall/drop zone and yellow is strong short. The O/N continues to reset any drops that happen in most Reg Sessions. It appears to me that a weak/fake Euphoric Stage is being played out. The idea of chasing the NAZ (after the O/N redirect) is the game, no chase and the game will end. The O/N has been redirecting for about 2 years (can continue). Again, the recent 25% drop was erased with a Tweet & news release (10 min 2,000 point) move and a few O/N's. Just feels like a fake chase play since the pop of the bottom.
Nota
Yesterday we saw the dip into the Danger Zone and the EOD and O/N players just propped back up right on schedule. Efficient, reliable and predictable. Watch the Tweets should the NAZ retest the DZ. NAZ will struggle to get lower, notice how the price got above KL 881 after the reg session. Was rotating during the Reg Session and they pushed it above after the Close. Nota
DZ retest, again.Nota
You can see why the O/N lifts it above to keep it alive and away from the DROP.Nota
This will break down and the NAZ will tumble.Nota
Needs to break under lower TLNota
950 is next level to watchNota
950 rejection drop or lift in the Dead Zone then sideways to the Close and Up in O/N. Back under KL 881 is the short trade today.Nota
950 and down, now needs to stay under 881. Isn't this fun.Nota
NAZ will needs Tricks, Tweets & Magic to fight this one off. It may very well happen. Nota
Chase Me, back later. In the garbage Dead Zone now. Nota
The past few weeks have had intraday volume levels that are below typical volume. This may explain the Push/Pull and whippy PA. 400-500k daily on CME is not that high. Nota
Still sitting on KL 881, Danger Zone.Nota
See if it Break TL in O/N?Nota
7/9 Update, 75 points lower on SP for drop test. Just remember that all Indexes move together with the NAZ controlling the most movement in the Large Caps. So if one is stabilized, rigged or propped then all or the same. Drop test on the way prior to any major lift higher.Nota
Another O/N move up and away from Danger Zone. You can see three arrows and adjustments to get or keep it above the DZ.Nota
Perfect Danger Zone defended move with the O/N team, let's see if it holds.Nota
Target and drop test zone.Nota
Current move isa bounce off lower channel.Nota
BingoNota
Bango or to The Moon.Nota
Vertical and Bango some lower (in normal PA).Nota
Bango drop, wait the sideways to Close and O/N lift will take care of that. Nearly all Reg Sessions can not hold any lift out of the O/N, this is what to watch and anticipate the drop trough the DZ when it actually happens. Nota
Looking for the major drop below the DZ and to the Air Pocket bottom. The Tricks just are not working as we see selling at any life (real or fake).Nota
IDS Sell SignalNota
23,000 is resistance and look for rejection a few times prior to next move. I am sure the midday low volume Riggers will try hard to get above. Nota
Anyway, should the NAZ get inside that yellow zone below it should be a quick drop. This is why you keep seeing the No/Low Volume O/N rig lifting it above. Nota
Back later, Under yellow arrow and through purple box is the trade for the sellers. Above both, for Longs. Long especially near the O/N (or in the O/N, the O/N long move may not be as effective here). Still Shorting Scalping the lifts as the NAZ lifts on fumes. Nota
Divergence AP set up, will fill in or drop here at 23,000Nota
Will be short from and the next 100 points higher.Nota
Madness will end at Double Top BLOCK.Nota
1st drop test is 22,930 for next move. Nota
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7/10 Update, So the O/N pop play did not work so far and we usually see selling at Open Drive. Unless the 1 Hour Pre Open Gov't issue news does not jack it up, we should see selling to start. Next item is the Friday-Monday 99% Long Play. The past few years the NAZ will run up big (90-95% of time) between Friday open and Monday Close. Today, 23,100 is still level to stay short under, just doubt that the NAZ will lift unless we get some excuse prior to open. Nota
7am CT, 3 arrows are the O/N lift plays, this one will need to get above KL 23,095 and stay above.Nota
No big reaction with Jobs #, look for bad news is good news spin or bad news is bad news or good news is bad news or good news is good news. OK, spin spin spin. The NAZ stalls and lower we go. Fed cutting rates is all they talk about and not Pure Equity strength (regardless of the Fed). Then you have the Tariff noise, point is the NAZ seems to only go UP in the off sessions and not the Reg Session. Just seems a bit strange (if Pure Strength is the mover and not the games). Nota
Rejection at 095, watch the Tweets now.Nota
My panel looks Red except for Tesla.Nota
930 next testNota
Mid range here in Box is shake out to up and under ML O/R is Short.Nota
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ML O/RNota
Key level for next move.Nota
Stall Shorts continue to be quick and Snail lifts continue to slow lift back to drop level. One of these will break out. NAZ is not going higher at all in Reg Session and better gage.Nota
NAZ drop, this will follow.Nota
Back by EOD, Danger Zone is being tested.Nota
O/N break into Friday, tricky for any Longs. 200 point drop in 34 minutes, NAZ took all to snail lift up.
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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.