Updated

NQ Range (10-03-22)

O/N setting up a drop/pop off TLX 10900, Retesting now. Should bounce to 11000 1st and may see retest of TLX by Open. Lower targets (10700 & 10300) would come after the stall out of bounce failure. Not looking at today, could be next few days. Will update as we go.

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TLX bounce Long Target Hit, play the range it may retest the low or float higher.

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NAZ needs to pass 11026, Short under and Long above. Back in the Morning.

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10956 may be a godd support level, NAZ trying to get passed 2nd TL.

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Under 11020 may be trap (needs to get above 11034), seeing divergence, may see Pull Back to 11080 - 50 before next attempt higher. NAZ looking more up today than down.

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34 is hit, very weak lift. I have seen these rally and tank. NAZ is well below other US Indexes today. My see slight drop/pop should this lift stall out.

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Notice how the NAZ went negative to positive in O/N, we have not seen any significant negative O/N price action this entire year. This is highly unusual and can be the typical drop offset or the fact that the Bear has been stabilized and just will not tank with any force. We may not see a capitulation. Back after Open.

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1 way Inch Worm day may be on the way should this continue. The previous similar day was the most recent high 9/28.

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Most likely a Drop offset. Current high could be max lift as the Open will retest lower.

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Negative Ticks, O/N propped again.

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Short under 11115. Target 11060

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NAZ rarely gets above O/N high, Long above 115 and short below.

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Stalling needs to drop/pop.

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Inch Worm and trail it.

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11144 is KL, stay Long above. NAZ may retest it and O/N high.

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PB to 11080 is likely, upper target is 11253.

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11215, scalp short to 11080 for 2 way traders.

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11180 not 11080

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12115 is strong short PB may develop into short.

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NAZ just retested 12115 and high, Stop on short at 11240 with buy 1 or 2. Looks like slow roller. Should head south now. Again this is mostly O/N lift, Open has not shown much.

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FNG only up .68%, Tesla may roll NAZ lower. Dead Zone not lifting like I would expect?? O/N and DZ is where the NAZ gets its lift. 1000 plus on Ticks, usually the turn.

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Lower stop to 11225 1 contract. Take profit on short at will.

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Short target hit at 11185, 11133 is lower target or test should short play out.

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11185 to 11220 is Mop Zone. Stepping away.

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This looks exactly like 9/28, exactly. Out of Mop Zone, NAZ will move 100 plus points in the direction out.

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Slooow Roll in process. Needs to break 11180. Long Trap is usually the play.

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Retest to 11210 ish and drop or back up.

Trade closed manually

Ticks stay negative, NAZ will drop. Otherwise sideways to up. Out for balance.

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11193, short to 11170 and 11108 passed 11133. Stop at 11195

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Needs to break 11170. Stopped -2 ticks.

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Struggling NAZ on strong day, not good. You may see sell off later. Still in Mop Zone. May see bounce higher or Head Fake Long.

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Another short attempt here is you want. 11235 at no pass at 35. Need high to low ticks switch or negative. Failure to pass is strong short. 4 hits at level. Why is NAZ staling out?

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Upper Target Hit, 11265 move looks mechanical, careful. Just out of Mop Zone, tricks are usually here. Out and flat. NAZ 200 points above Original YTD Low, may retest prior to higher move after Inch Worm move. On flip side, out of Mop can run for a hundred or so. 1120 is 40 above and a normal stop zone for shorts. 11289 is TLX.

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Do not short, The NAZ is moving like wheat in the field. No resistance just easy up, need to see the push pull PA before we short. O/N will prop as much as possible.

MAZing

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MAZing