Looking for low to up move during short Holiday week or more O/N Prop lifting than usual. The KL to watch is 19,818, a break of the Danger Zone will try some yellow dots. Near KL look for the typical U Turn attempt. YTD Open is the KL 17,027 and we have seen a 3,000 point range with ML 18,500 being a retest KL to anticipate. NAZ is running on fumes and will need some major rigging, tricks, BTD/FOMD PA to stay elevated. Any of those fail to hold and we may see large move sessions on any drop retest of KL's. Go Fed, look for Fed to help out (did you watch the Debate???, Really). Any drop will be propped back up in the O/N.
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Good Luck this week, just doubt that we see a huge sell off during 4th of July week. Would not be American. Expect a Rig or two.註釋
Garbage PA continues, Go Fed.註釋
7/2 Update, not expecting much but sideways to up this week and tomorrow may be narrow. I just find it interesting that the O/N or Dead Zone (trading time zones) consistently rotate counter period PA. The only selling for months has been the 1st 30m or Open Drive, then DZ up or sideways. The next obvious BTD move may be the next head fake (next few). Friday 325 hit/reverse zone may be upper limit for retest and 818, lower. 500 point range to set up the next big move, thinking lower. MAG 7 continue to hold the market up, very crowded and 1-2 big exits form some institutions may create a crack with any stall out near term.註釋
No drop and NAZ should fly up in Dead Zone like a Rocket or Air Balloon, but up. Careful with shorting here.註釋
An up 1st 15M is bullish, you know the DZ move will be up, then O/N UP. Up, Up, Up. BTD/FOMO Forever.註釋
7/3 Update, The week is turning out as expected with typical moves at typical Trading Time Zones such as O/N & Dead Zone. The white arrow is the DZ move yesterday and yellow is Top of Channel. Look for the ML (white dash) to be the lower target of U Turn zone should the NAZ drop (typically during Open Drive, 1st 30M). Enjoy your Holiday and Go Fed.註釋
Narrow garbage, have great Holiday.註釋
Good luck today, O/N has zero strength behind it. This is very unusual and may rocket, stall out and drop. No pop look short for drop test. I am out today so look for some narrow to snail type first move with up tilt.註釋
7/9 Update, The chart below will show the typical/usual lift near EOD and into the O/N lift balloon ride of magic PA. I have been mentioning the use of the O/N for about 2 years and without this Rig Move the NAZ would be 5,000 or more points lower. Watch the Open Drive as we are getting near my KL above (20,806).註釋
Careful today in Reg Session with Long or Buying, the O/N volume is extremely lite. Not much in Ticks, looks like failed auctions may be developing on way up that will or may be retested. These can run up and drop in following day or so.註釋
Retest Zones on drop 20,600 - 20,450註釋
This is the Failed Auction drop test that I was mentioning 2 days ago. Typical PA and may set up a decent Friday - Monday run up. Look for O/N lift play tonight.註釋
7/15 Update, Play range of White Arrows until next break out. The U Turn bounce level may be retested but unlikely because that would involve some selling or shorting. It is more important to watch PA at key Trading Time Zones of the day, rather than the news or fundamentals. Open Range is drop, Dead Zone Lift, Final HR is random and O/N is lift. Your bias should be long or short during the appropriate zone pattern. 註釋
Today's PA should be: O/N Pump, Open Drive Dump, Dead Zone Snail lift and Flat Close into the O/N for Tuesday Pre Open (O/N) 2nd Pump attempt.註釋
NAZ stays stable until the Close or O/N, this will fly up in the O/N. That is what usually is the game. Pump in O/N or DZ, these will stabilize until the next pump job. Just rotate your trades with the anticipated next pump.註釋
Use the range to set up counter moves. Just funny how all the good price action continues to happen mostly in the overnight with the Futures market and at strange times. Th previous 8 day weak snail lift, looks like a Long Trap set up for the BTD's & FOMO's. Need to see the reaction at Open Range (1st 30M) of Reg Session.註釋
600 point drop from yesterday Short under 640 call. Down days are huge, WHEN they Happen! BTD in the O/N, don't worry. Should this break down, it will be the 1st time in 2 years, may be a huge drop if so.註釋
O/N Pump/Dump or U Turn underway. The Open Drive will tell.註釋
Near or above the low, just go Long and the O/N should do the rest. This is a Danger Zone and the NAZ had had 30 or so U Turns, why stop now. NAZ at 19840 now. 19818 is KL to watch.註釋
19600 gap fill may happen for U Turn to really get going, not sure we see that though.註釋
Watch NAZ will be flat on the by over next 15 minutes.註釋
840 pooped for 100, now U turn clean out and back up.註釋
NDX Chart below from 2022-current and the NAZ broke out in 1/24 (white arrow). NAZ is 170 points higher than NDX, NAZ has not done much since 1/22 and may retest 17,000 prior to next move up. We are at the danger Zone now that will have to hold and is why I am playing the U Turn Friday-Monday boost trade. The boost away from DZ is the idea.註釋
The fact that there is very weak Push/Pull and it is a Friday is throwing me off, this may just fake everyone and Tank. Just need to see that actually happen (on a Friday).註釋
Updated SPX Chart from 2020. NAZ & Equity market in general is at 21 months of rally. 1st white line is 21 months and now at 2nd white line. Next usually is the Yellow arrow which will set up the next bounce. This drop (if) should work well with election and year end Santa Rally. The idea would be to drop/pop into 2025 as much as possible. Go Fed.註釋
Just watch the NAZ at current U Turn zone and results. At some point the markets will have to retest lower in order to test highs or make new highs. The current NAZ price near the Danger Zone is key (based on reaction) and anticipate head fakes and multiple direction changes.註釋
20,040 and above should blast off, if not get short.註釋
Dead Zone Lift? Why not or why stop now. Go Fed.註釋
Head Fake at 20040, wow we got 2 way PA, watch for push/pull and lower we go. KL 950 now.註釋
Go Fed and BTD/FOMO Forever.註釋
7/24 Update, Interesting development now. 720-820 is base for many long moves, should the NAZ fall under play the KL's below. The range to watch now is the yellow arrow. General rule is that if the NAZ does not get lifted/propped in the O/N it usually does not do well the Reg Session. The flip side is that this is just setting up another U Turn and is the best place to place a Long trade. The Open Drive will tell, this may be a Dump/Pump.註釋
Notice some of the Mag 7 are giving back, the key is that they have to stay up. The Mag 7 can drop to Mag 2-3 as the Fed will pick up the slack. With that, favor the U Turn Long trade on any significant dip. Go Fed.註釋
7/25 Update, NAZ hit lower target (7/1 drop forecast). Now, a U Turn will start or 1 Leg lower to next Yellow Dot and then back up. The Friday-Monday Long Only (95% of weeks) trade will be next signal. Yesterday was not nasty push/pull but more like an organized drop. These can be sets ups for the Long side. We have had 30 plus Danger Zone U Turns over the past 2.5 years. The NAZ should have been much lower when it was lower. That stabilizing has not changes until we see a violent sell off.註釋
NAZ is just back near previous break out range from May. Go back to May Post's and you will see comments about the Summer Lift "Buy in May". Circle is support and White Arrows are TLX levels. These are reliable turn zones. Notice the upper TLX rejection that sent the NAZ to where it is. Look for the opposite with any lower TLX.I am still banking on the next U Turn and should that not happen then we finally will see the NAZ retest much lower. Go Fed, O/N Prop, BTD and FOMO's
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Go Fed, BTD & FOMO Trade註釋
Super high negative TICKS, sell off or quick drop to pop.註釋
Today will need to be a Go Fed, BTD/FOMO, Magic Dead Zone lift type of day for the Long side to really lift up to create some drop offset cushion. O/N up, Open Drive lower, Dead Zone up and Close is Up on Friday's usually. Just look for this pattern and should we see strong Push/Pull, look SHORT. We may see strong Dead Zone failed auction's type strange rally. They will really need to get the NAZ away from this Danger Zone edge.註釋
I posted this chart on 7/19, the idea would be to use for lower drop test. This may be after the next pop stall out or we just keep going lower. Anyway, a drop may drop with no retracement once the O/N stops fake lifting the NAZ back up. For now the O/N lift is working and my feeling is that it will break done at some point prior to year end. 註釋
Go Fed, BTD & FOMO it back up for round 2.註釋
July 2 is yellow line with drop target and white is drop offset (head fake, trap). The NAZ lifted and the dropped to lower target (yellow dot). The lift is a fake drop offset only to lessen the net drop and keep the NAZ elevated. This type of game will breakdown at some point, need to see violent push/pull in all sessions. No P/P, Go Long.註釋
With Fed Day on Wednesday, we may see a lift up prior to act as Drop Offset to a down Fed Day. No Drop on Fed Day, then Back to ATH to offset the October/Nov drop test. Still going with U Turn (away from Danger Zone) #36 (in a row)註釋
Today, the typical pattern is set. O/N Up and look for potential Open Range Drop to a Dead Zone Lift into the Close and more O/N Lift into Tuesday. Should the O/R not drop, do not fight it and let it run. This is how a U Turn will play out. The only risk is that if the O/R drops hard and breaks out of the sideways range of 19,200-19,000註釋
Typical PA, should fly up in DZ註釋
Just get the feeling we see a huge rally prior to Fed Decision. Long only investment product world has basically one play "Long Only". The days of Hedge Fund, Shorting or Trading 2 Way PA just does not exist that much anymore. BTD/FOMO all day, you can feel it.註釋
NAZ has not moved or produced any Ticks in past 2 Hours, something is getting ready to move and most likely up big. Either that the the exact opposite, sorry I can't tell which clearly.註釋
Slow boring PA in O/R is usually pre move up.註釋
Adding 3rd Long at 18,900, Do Not Follow.註釋
Stops are off.註釋
Adding 4th at 18,845交易結束:目標達成
Closing this post and I do not trade on Fed Day. Good Luck and I will start a new Post for August.註釋
Bloomberg show was just talking about how the NAZ turned around from the Close yesterday. The thing is that the O/N redirect or Lift play has been going on for 2.5 years and is a reliable as the Long play in the Dead Zone. Only when these 2 Rigged plays stop working is when the markets will drop and retest much lower. Fed day today may be a surprise curveball lower as most are expecting typical rocket rally. It was good to see the push/pull PA yesterday and that reminds me of how things use to be.註釋
Technically, we have an outside day reversal to upside, needs to hold and may be one hell of a U Turn.註釋
NAZ moves 500 points in O/N and nothing in Open, really. Close the Reg Session and let us just play the 1 way O/N Session. 19,525 is next hurdle should the Reg Sessions get some strength.註釋
U Turn is too easy, may see direction change. Unlikely until Fed Decision.註釋
NAZ has moved exactly 300 points up from KL 19200 and dropped 300 from KL 19100. Even moves and is still in a range. Watch the wide wiggle at 1-2pm.This is why I do not trade on Fed Day. The easy O/N PA is the only reason we are here and that will break down at some point or NEVER. The O/N is THE BOSS.免責聲明
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免責聲明
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