Basically we are 2 weeks into 2025 and 2 weeks until month end. The games have not changed and are still working, just fine. The battle continues to be between the Overnight (O/N) and Regular Session price action. O/N moves up and Reg Session is sideways to lower (struggling lower). Yellow arrow is 12/18 and a Reg Session route. This was after 11 trading days with O/N PA used to lift, then the 2 hour Reg Session drop erased the lift. Yellow circle is drop in Reg Session (struggling lower). This U Turns into the channel up of TLX 758 (all O/N PA). I just feel we will see another 12/18 move around the corner. The 18th was 1,000 point drop (Do I hear, 1,500, 2,000, 2,500...). YTD Open is 21,250, you can see we are rotating around, TLX's above and below, White Arrow is breakout long (needs to pass TLX) and Yellow is Short. 21,200 & 20,200 are 2 U Turn Zones, we just saw 21,200 do exactly that. Back under will try lower zone and maybe that is the 1,000 point 1-2 move that is on its ways mostly likely in a Reg Session.
Nota
1/20 Update, Not trading but the pattern continues even when the markets are closed. The chart below is the IDS35 system and example of set ups. White arrows are long and Yellow are short. Tow whites in Reg Session are Long Targets (from Long Set Up). Just notice how price will play off MA's and stay inside previous ranges. A break out from a range is what we are looking for and Scalp inside the range. Lower indicator will help with overbought/oversold. Today we have the typical O/N pump/dump into the O/R (Open Range) selloff or retest at a KL or previous range high. Nota
Notice the Air Pocket in the lower indicator setting up. Drop or quick pullback should follow. Nota
Under 745 is a Short to 650-30 range. Above 745, Look for 775-800.Nota
Monday O/N may run up until near Tuesday Open Drive. Have a feeling it will be a sell the news type day (tomorrow). Could be wrong and may be in mid day Dead Zone or even Tuesday O/N or Wednesday O/R. Nota
I will be out most of early morning, old patterns have not changed and the huge O/N range may be played inside during Reg Session. In other words, no gains or growth just churn and whipsaw until next O/N session. Nota
Typical O/N Pump/Dump.Nota
Something seems off, not looking good or may see wicked nasty drop. NAZ now at 21,749.Nota
1/22 Update, Still same old O/N doing all the lifting, we will need to see the Reg Session Break Above any O/N high (and stay above). Yesterday's 628 Long was all you needed. The 2 way or short/pull backs are not working. Chart below, next moves. Look for rejection at 21,890 or Reg Session lift above. 22k is next and the 22,160. Rejection at any KL, use yellow arrow (express elevator) back down. The drops we are seeing are quick drop test. These drop quick (hold for now) and then snail lift back up in Dead Zone and then Overnight. The speed change makes it hard to get in a rhythm. Nota
These moves stick out "Like a Turd in a Punchbowl" and that is probably not a good thing. Let's see if the Reg Session has any significant strength to the upside today. Nota
21,822 is drop target. Nota
Apple flat and Tesla is negative, MAG5? This will have an impact should they stay here. The NetFlix and other Tech may be offsetting the lift here. Nota
Ticks negative, just not following the lift here. 160 may be next should mystery pop continue. Nota
Apple, Tesla and 10YN are dropping.Nota
MAG5 and the NAZ is still moving higher. I have joked about the MAG2, maybe it is not a Joke. This will end badly, when it actually happens. Until, BTD/FOMO and Go Fed / Washington Street.Nota
1/23 Update, The play yesterday was a delayed pump/dump from the TLX hit and reversal. We are not seeing any gains stick that come in a Reg Session, that is not good. This could be viewed as manipulation if you want to get technical are are paying close attention. Next mov is either the yellow arrow or white, keep in mind we know how the Friday-Monday Long Rig play works. Nota
IDS35, Circle to left is the O/N Rig move and we are back to that as the Reg Session and current O/N did not hold. This could be a drop offset and today will be the crucial Reg Session that if we get a selloff (usually), we may retest 21,720 very easily. If not, BTD/FOMO into the F-M Long Play to the new ATH.Nota
Just look for Push/Pull Price Action, best indicator. Just notice that we have not seen since the 1/6 -1/13 drop. Need to see NAZ struggling to get lower and then no struggle to get lower with speed and force or this is going back up. Nota
21,960 will be short below and long above today. May see lift to and drop from or drop, hold retest at 960.Nota
2nd move may be bigger play.Nota
960 drop or pop here the Noise has ended. Not getting political, just trying to show how the media is used to rig/prop the PA.Nota
Here comes the Fact Checking play.Nota
Just notice how the NAZ is at KL 960 at the same time as the Speech. This is the up retest mentioned before the Open. Next move will be big and U turn Friday-Monday, go or big bust. Nota
Very narrow strange day, looking for drop eventually. Risk is F-M or O/N pump. Many times we will see just a quick drop as many are expecting the lift. Nota
1/24 Update, Not much in O/N Pump, give it time as we are 4 hours from Open. Anyway, NAZ can move 400 points in either direction today depending on who gets control (buyers or sellers). No F-M long move, look short. Push/Pull is present, look short. NAZ starting to fizzle so expect some tricks or odd moves to the upside 1st, 2nd and 3rd before it breaks lower. Nota
Looking for 1 way lower Choo Choo TrainNota
Needs to break O/N Low.Dagangan ditutup secara manual
NAZ is barley moving, not sure how to trade a Rigged Snail, will place stop at TLX/Entry and walk away. Going back to delivering Pizza. Washington Street is in control. Nota
Double Cheese Pizza may happen under 21,900 (Strong Short)Nota
Katherine Doherty at Bloomberg just had an interview regarding off exchange trading, 1st time ever it hit above 50% of volume. This and Futures may be why the O/N off session PA has been more dominant than the Reg Session. Anyway, NAZ Hit Zone and now stop at 21,920. BTD/FOMO and O/N rally is foaming at the mouth. 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.