No strength NAZ is stuck in a range, only time the NAZ does so strength is Long in O/N or maybe a drop during Open Drive. Other than that, sideways is the direction. Yellow arrow is range for breakout, previous drop did U Turn in the zone and next retest (zone) will break through for deeper drop. TLX 20,453 is KL to watch for next move. Long above and short below.
註釋
All O/N Rig Lift, again. Went with Short this week as I thought the curtains would close on the clown show. Long above 20,453 is 200 points above and at top zone for next test/move. Open Drive or Reg Session will provide the next power or confirmation. 20,900 or ATH, why not at this point. Current futures O/N volume is 58k, just amazing with the ratio/direction vs Reg Session. Must be a reason behind the stabilizing, we will soon see.註釋
Air Pocket example is Friday's AP Call, line up white arrows and look for Divergence with Price level and No Stoch Bars above Mid Line in low indicator. Eventually the AP will bust and price will drop. One is developing now, only twist is that the O/N Rig may trick the machines into a Long move near Open (since it is Monday). When that happens the AP turns into a Hook Long and the NAZ will take off Long (with the BTD/FOMO's and basically everyone). I will update later during the 5 hours of sideways Price Action during the Reg Session (when I deliver Pizza's now).註釋
Crude lower 6.5%, what is that about?註釋
Boeing may be the Black Swan that shows up. Look for reaction as this huge market cap and employer plays out.註釋
Clown Show, Rigged by the The Boss. 註釋
Back later, going to deliver some Pizza's. NAZ is waiting for lower volume to redirect the Price. 註釋
All push/pull, expect a drop should the Magic Dead Zone not lift it back up.註釋
Chicago Crust to the Close, back near EOD. O/N with double topping of Rigged Price Action and Clown Sauce. 註釋
We are 20 minutes to final hour and sideways most of the Reg Session. IDS view, the NAZ will not drop, there is a mysterious floor that seems to hold up the NAZ (most days). 480 is Gap fill and 453 is Drop Zone or U Turn. NAZ is clearly trying to get to safe zone (O/N). Look for that or drop to KL's and U Turn in O/N. The Clowns do have some power it seems or maybe this is just a Clown market.註釋
Sideways and not tradable, 40 point range all day. I made more money delivering Pizza's during the Reg Session. 註釋
If you deduct 50% of O/N Propping the NAZ would be at 15,000 or so. The O/N redirect keeps the entire US stock market up/stable. The Mag 7 represent 45% of the US stock market. This is why I poke fun of the O/N, Pump/Dump, Sideways Reg Session and various strange low volume redirects (always up). 5 of Mag 7 report this week so we may get more (after the close) pump jobs and if not, lower we really go. Or Fed Day will redirect and if not you have the election that will redirect. It is just hard to get and stay Short, if you really think about it. Then after that, you have low volume Holiday month of December. The drop may not show up until 1/25 just like 2020.註釋
Bogus call on the 600 and under Short. When that happens (and it does) close or reverse. The Long until January may play out or we are setting up the Short now.註釋
AMD is down 6% in O/N, lift up could be to offset this. This is how it is done. 10 YN is still dropping, Yields Up. All part of the Rig/Clown Show. NAZ is basically at same level as a month ago. 註釋
Strange day today. FNG1 was up but can't track why or where it came from. Not adding up. SP Flat, DJ lower and RTY lower.註釋
Under 20,430 is Outside Day Reversal. Look for it.註釋
Long Trap or back up to ATH, the battle continues.註釋
10/31 Update, So if you go back to Tuesday 10/29 and the Bogus 20,600 call Short, I mentioned that the strange moves typically will drop in a day or so. Here we are now at 20,300. Today really looking to see how the Friday-Monday Long play is set up, this F-M play will be the rocket or deep drop move as we approach the election and month end is today. Anyway, today and tomorrow are key days to not make any mistakes.註釋
11/1 Update, NAZ has stayed inside the Monday Post forecasted range, we are at Friday and need to see the typical F-M Long rally. We are in U Turn position and it is Friday, election next week, Fed Day and new month. The BTD/FOMO's will show up, the question is will it stall or not? Look Long above 19,890 and use the Circles as November range targets.註釋
Today is huge key day, yesterday's Contract volume was the highest over prior 30 days and was a selling day. 2 day 800 point move, we need to see how/if the typical predictable Friday-Monday Long trade works or breaks down. The chart below is the IDS27 Overnight, looks like an EKG and is untradable. Push/Pull is your signal today for Shorting. Jobs number release to Knee Jerk move Up may be Pump/Dump set up or trigger to just another U Turn back to ATH. NAZ will not drop easily so look both ways. 註釋
O/N is flat as a Pizza, not sure if Long side has any power, will be interesting.免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。