NAZ with U Turn at the BOX Bottom. On a Friday, Options Expiration and the lift takes care of the weekly loss. Eight sessions and NAZ has been in 400 point Box. Long Term Channel is lower and has NAZ at Channel Top (4HR Below), notice the Stoch in Mid (not great).
4HR Chart
YTD Daily
This one is looking at 12,000 at upper target
Monday play may be, NAZ drops back between 2 yellow lines, sideways and break out with white or yellow arrow. TLX at 11835 (reversal target) and TLX at 11170 (Strong Long).
Note: For those that follow, after 3 years and nearly 500 Daily TV Post's, I will be ending the Daily Forecast & Intraday free service. I am moving to a private service that will use TradingView Charts, including my IDS Indicators. Message me if you have interest. I will continue some usual post's through the end of January or so, until new program is ready. Thanks for following and all your support.
4HR Chart
YTD Daily
This one is looking at 12,000 at upper target
Monday play may be, NAZ drops back between 2 yellow lines, sideways and break out with white or yellow arrow. TLX at 11835 (reversal target) and TLX at 11170 (Strong Long).
Note: For those that follow, after 3 years and nearly 500 Daily TV Post's, I will be ending the Daily Forecast & Intraday free service. I am moving to a private service that will use TradingView Charts, including my IDS Indicators. Message me if you have interest. I will continue some usual post's through the end of January or so, until new program is ready. Thanks for following and all your support.
Nota
Recent pattern, EKG looking Stoch/lift is usually followed with Scalp Drop Trade. 11500 is estimate here. With O/N being next session, this may get pushed up even higher so wait or look Long, Stall and Drop.Nota
Last week had 3 major moves that generated 1,000 points. On the week the NAZ was flat. The NAZ will have a Major move day in the next few sessions and I would expect that this will most likely happen in the O/N just after a Tech Fang Earnings Report. Last week appears to be the Drop/Test that I had been mentioning. Look Long at strange times such as O/N, Dead Zone, Weekends, Holidays, basically any strange time of day when you would least expect it. These will offset the Open session selloffs.Nota
Something that I have been testing, pretty reliable. IDS50 system.LONGS: When Stoch is above 50% and price is near or above Thick white MA, stay long and place a stop under Blue Pivot value. Both MA's should be white and take profit upper peak stall as price will usually come back to MA.
Shorts: White MA's turn Red and Stoch is under 50%. Take profit near 1st blue value, under Red MA after MA retest.
Reversing: Price will usually switch to Long trade when Stoch is above 50% and Red lines turn White.
IDS50 is late entry as compared to IDS20, more reliable and less noise or false moves. Good luck and let trades run. Best trades are at Stoch 0%, 50% and 100%. Depending on Long or Short trade. I will provide this and other IDS settings to any members of new private system. Until, you can see how it plays out in the days ahead. Review prior post's, only miss was halfway through Friday. I was using IDS20. Depending on the day, IDS20 will work better than IDS50 and vice versa.
Nota
KL's (key levels) for Monday and start of week. Yellow's Weekly POC, Grey's Mid of prior daily 1st30m and Yellow dash Daily ending POC.Nota
O/N into Open Drive potential plays. Most likely white arrow as Stoch will need to drop some. Either way, these two KL's will most likely be hit by 9AM CT.Nota
IDS20 Short with Stop above Blue value, most likely trying for Pivot 11575. Bounce off white line IDS20 (11648) may try for 11720. This is where IDS20 is early signal to IDS50. Anyway, Short from Blue value 11686 is in the money for now. Scalping is any trade until break out. Back in morning. Nota
Just no movement in O/N lately, very odd. Then when does is usually up.Nota
Flat and not much movement to evaluate. NAZ did try for 11720 after after 11650 hit, mentioned earlier. This is how you need to see/plan the price action and pick out the trades. Here I see not much as we get near Open and some release of various pre open. The "air pocket" (left circle) sticks out like a "turd in a punch bowl". This may be retested prior to next attempt higher. Nota
Diagonal TL Is developing (white), yellow TL is support and yellow line is Long above and potential Short below. Depending the the turd strength. Hard to trade anything that moves like a snail. So the snail speed does not match up with Friday's bounce. Friday may have been all option's expiration related movement. This week may be all O/N earnings related 2 minutes blast's up/down depending on each report. Nota
11720 60 stall or reject will bring NAZ back to white arrow. No Hold will go to 11600ish. O/N range usually is retested during Open Drive (1st 30M). 100 point moves continue, 11720 - 11620 is idea for Long set up or Short drop. Nota
Trade here was short at 11720 and add at 11703 add. Scalp.Nota
11825 is resistanceNota
May retest top 1st 30mNota
12000 is Fib Level. May go there.Nota
Today is moving to target of a turn, doubt it get's through Fib and yellow line above without major pull back.Nota
NAZ will move another 100 or more in either direction from the 11930 level. POC is here and may rotate around 50 on both side prior to move.Nota
NAZ is 50 points above upper Long Target. I was not looking Long today, however we are above the target and would expect a pull back.Nota
1st sign of short trade is no pass at 49, the 57.Nota
Short may be decent Pull to 11900, 11880. May bounce and reverse to Long on hold.Nota
Strong Short is no pass at 12000Nota
Can play Long to levels if you want.Nota
IDS50, pretty wide distance, usually will pull back near or to. Nota
11980 is Fib Level.Nota
50 above POC, may drop now.Nota
Rejected at FibNota
11957 is KLNota
Should drop under 11940Nota
11800 is target. Next 100 may be lower. Only play since missed short. Short at 11980, Scalp.Nota
KL is Key Level.Nota
Best trades are at KL in opposite direction at rejection.Nota
NAZ up 500 in past 2 days. Drop offset is likely.Nota
Nota
Stall here and down we go. Stop at 11985Nota
Adding 5 short near/under 11980 or 60 on way back down. Stop at 11985. Edge Trade here.Nota
If you want to post trades, do so but prior to move. I would love to sit back and just press buttons. Nobody would have a problem with that, at all.Nota
11940retest, lower stop.Nota
11900 next, lower stopNota
dropping 5 for 250 points 11902 hitNota
11824 is Top 1st 30 Minute, likely. May bounce.Nota
11940 retest and lowered stop from 980Nota
11923 is POC, 50 radius.Nota
passing radius going to 11825Nota
Closing 5 at 11880 plus 500Nota
Flat looking for bounce at 825 or above hold.Nota
RiggedNota
11880 retest to 825 or back up.Nota
Long at 80 after retest from above.Nota
NAZ will not go quietly. Nota
Post prior to move, please, please, I am getting tired.Nota
So there is the next 100, lower and now back up.Nota
Chase ME, Mr BTD and I will drop again in final 2 minutes. Trail it, they will follow. You should have points to work with and may give some back. It is OK. No long if goes below 11860Nota
This is a Drop Test and a major one.Nota
Fake drop believe or not. Super powers. Circle is usually a BUY Zone. Problem is the Zone is wide. No Long yet, Shorting is only with Neg Ticks. Nota
Long stop at at 11870Nota
Move it up, going to POC.Dagangan ditutup secara manual
Prior to the move and we all can beat the Riggers. Final trade for me and will let it run or get stopped. POC is Point of Control. 11923Nota
Nota
As long as NAZ stays above 11870 ish, should be fine. 11894 is KLNota
94 needs to bounce, this is stop clean out looking. This is why I rarely trade the close or final 30m, too whippy and they play games.Nota
See how went to, below and now back up from 94, games.Nota
Target is POC or Blast rally that should go near top and into O/N.Nota
Comparer price action of prior move vs this close, terrible and the will fly in 1 direction in minutes.Nota
If anybody knows the close, post it now.Nota
Lines are tight and Stoch in middle, horrible with only 20 minutes to go. Flip a coin.Nota
Anyway 11980 will be retested now or in O/N. I use IDS50 POC.Nota
11926 is good, I will take it.Nota
100 point from 11861, recent low is most likely the close or next pivot in O/N.Nota
11926 Nailed it, will hold for 960-80 retest or get stopped.Nota
Program closed the Long at 3am Chicago, 11920. Did not get the Short.
Penerbitan berkaitan
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.
Penerbitan berkaitan
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.