NAZ will not drop or maintain the Overnight Pump, during the Regular Session. We have seen (again today) the NAZ move up in low volume sessions and sideways to lower in heavier volume sessions. Long above upper white dash and short below to lower white dash, sideways inside the dashes until break out.
Nota
IDS27 view of Friday to current. As you can see, Friday was lower to sideways and the O/N Prop did show up pre Monday Open. This is either the play out of the typical Friday-Monday Long Pump play or O/N Pump/Dump into Monday Open Drive sell off to Dead Zone Redirect back up. Hard to trade only because it is so predictable and you are expecting better movement. Nota
Example of Volume Rig, today is Holiday that is new and has closed to Bond market while stock is open. You need to also pay attention when other world markets are closed. Any decrease with volume is a Long Play. The Long will be 1st or after a drop. Previous posts will outline the pattern that has ben working for 2 plus years. The weaker it looks the higher it goes. Nota
Good Luck today, Open in 10 minutes and I will be out most of day. The O/N range is 200 points and most likely the range for day unless the BTD/FOMO Monday PA shows up and pushes it high in Reg Session. Regarding the O/N range, just view most pre open charts and you will see that the O/N usually is the BOSS and dictates/sets the KL's.Nota
10/15 Update, I was out yesterday and the 2nd half of Friday-Monday typical move up did play out. The patterns have not changed much. We are seeing flat to negative O/N's and same with Friday's. The Dead Zone has the most consistent direction move (up) and the Open Drive is usually down during 1st 15-30 minutes. I would think that 20,470 is Long above and short below, look for retest of 470.Nota
Just notice the Nibble moves up (over days) and the Fast Quick (deep) drop in minutes. Nota
Got a feeling that the sideways to slight upward price action (past 30 days) will see a decent Drop Test this week. Just a note and many times I am on or early but it usually shows up. Get a parachute. Nota
10/16 Update, Looks like my "got a feeling" comment was on so far. Also mentioned last Friday that many times the NAZ will go directly straight up prior to a decent drop. Today the next move (in the pattern) is the U Turn (or not). Depending on the move or sideways length will dictate the Rigs, games, tricks, etc. Or, does the NAZ just head south with No Games and retest below? Nota
Play KL's in O/N, NAZ should stay inside and go nowhere. If it pops out, it may run but not expecting that. Nota
Looking like a perfect Long Friday-Monday Play is underway. Unless they have tricked me into a head fake Long, this is the 1st move. Just keep in mind that 95% of the investment industry (products) are Long Only and this is why most product institutions are always Bullish. Nota
The recent trading activity has been weak at best. Go Fed, we need some help with Reg Session strength as the O/N is getting tired. Nota
NAZ is above thick white line (Diablo) and just wants to run up (usually does). NAZ will not drop and keeps retesting 530-40. If it gets through near final hour or so (when many have left for the day) it will Failed Auction straight up and into the O/N Safe Zone. Should this not happen, expect the opposite or sideways into close. Dagangan ditutup secara manual
Rigged, have a great weekend and I am out. 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.