M forming on NAZ, below 14476 may test TL and below 14325 may go to FA Zone. Above 14476 or TL may lift to upper target.
NAZ with anticipated drop/test out of upper zone. Look for retracement and some dip buying in zone.
The NQ Commitment of Traders (COT) is showing that leveraged traders (Hedge Funds/CTA's) have been exceeding Short positions over their Long positions over the past 2 weeks (as a percentage basis). Asset Managers have a net Long, greater percentage over same period. Asset Managers (such as Mutual Funds) tend to be primarily Long Only and typically are limited...
MAZing Private Post of 6/1 is attached, new month new money pop today. Look for white Arrow Range Long and below 14370 Short Yellow Arrow Range. Use the KL's as targets & entries. Algos's took over after 1st hour today with typical no strength snail run, one drop test near the close (after the machines got turned off).
NAZ heading back under VA high. NAZ may test 14050 and no pass may see drop back under VA, strong Short under 13750 and Long on hold. Lower target is 13250, NAZ staying under VA top and 13750. Friday looked like Long Liquidation day with Push Pull showing up for 1st time in days. May see some drop testing after Sunday/Monday prop play or any stall out during...
Active Session daily forecast's have been dead on. Links of prior private daily forecast's are available, by request. Gets your shorts out and head to the beach.
NAZ is longest/narrow sideways range, in months. Banging on Diablo (orange diagonal TL), in 3rd leg or bracket bounce and stalling out. No Fed no rally, white vertical boxes are huge Fed Pop days that are followed by sideways to lower PA. TLX 12893 (red line), Long above and Strong Short below. NAZ staying under TLX, should retest Mid Level of SZ (shaded zone)....
NAZ with 11 days in the BOX, 13 is the Magic number (DeMark, says). Prior price action can help with projecting future price action, getting near a breakout. Shaded are prior price channels, yellow dash (KL's for range), red (KL Mid Level) and whites are targets. Notice PA at price channel (top, mid, bottom). One my say that NAZ had enough with 13000 channel and...
For Subscribers, make it mine and let me know if you have any questions. I will make it sharable for a day or so.
Looking for some drop testing to show once the BTD's & FOMO's wake up. Yellow Box is strong support, 11,600 is period POC and Red solid/dotted are channel. Yellow arrow is next direction and white arrows are levels that may bounce or attempt to pass solid TL (toward box top). Break below 11,500 and under dotted TL is Strong Short. I will keep this Post open for...
The Futures Exchange is the leader and all that matters! Range is Yellow arrow, notice the white box to white box and rejection at upper WB. What do you think is next? Intraday calls will be ending soon.
Why would they stop rigging now? We have a great set up for the perfect Rig Job (and they need this one). We have low volume, selling in both O/N and Regular Session and a closed NYSE on Friday (as the Jobs number is released). This is the perfect set up for a push higher, as nobody will be around to defend it. No Fed No Rally, NAZ will only climb on most O/N and...
I am out of penalty Box and the NAZ is starting a new Top Box. This post is a continuation of the March 20th 2 week forecast. Top Box range 13165 - 13550 (Yellow Boxes), Current range is 13165 - 13300 (White Box), White vertical arrows have played out, Yellow vertical are next should NAZ stay in the Box. White dash arrow are KL's on way up. Shaded channels below...
On 12/27 I posted the 2023 1st Q Forecast, so far looking as planned and may see drop near 11,700 - 800. BTD's & FOMO's helping the lift. Will update as we go.
I was out due to adding email to a post. Yesterday chart is attached (white arrows were trades) and today is Long above 12650 as heavy Put volume is at 650. Long or near 650 is the call on retest. 12750is 1st retest above and Strong Long above 12770. Could be a trade that you hold for a few days. NAZ needs to pass 680 and stay above.
Month End 2 week forecast, switching over to new program in April, 23. NAZ in nearly 1 year range (white Box), POC (yellow dash), VA's (white dotted, H/L). The yellow dash lines (13500 & 11300) are extreme H/L targets. Solid yellow's are inside range KL's. Long above solid Yellow Box and Short below. I will provide limited intraday updates of shaded zones and...
NQ1 and current contract are off 100 points, new contract (June is out on 3-17). Going to zoom out this Post. NAZ did move 700 points last week and is at bottom of last forecast. Still looking long as the struggle to get lower is still apparent. Not to mention the O/N prop lifts and Dead Zone busywork drop offsets. Last week's range was 700 hundred, if you...
NAZ with another U Turn near a Danger Zone. Push Pull price action ended (Thursday), the O/N lift pumps the NAZ pre Friday Open and the BTD/FOMO's step in. Break out from the Diablo TL (the NAZ may retest). I will provide a weekly forecast with limited daily updates until my member/private daily (intraday) service is running. How to play the week: White border box...