MAZing

MAZing Updated 

Big UP moves come with Gov't Issued News and Down moves with earnings or fundamentals. Washington Street will have some more tomorrow. Fade any lift, the ride is over for a few (until the next invisible hand). Many "air pockets" need to be retested since 1/1. Just getting started. Note: For those that follow, after 3 years and nearly 500 Daily TV Post's, I will...

MAZing Updated 

NAZ getting boost with the usual Gov't Issued News, 1st day of Month and the FOMO's that can not show lagging returns (institutional). Just waiting for a stall out over the next few days. Range for today and will Scalp the Range. Watch for the NAZ to retest Circle Zone, for next move (few days or so).

MAZing Updated 

NAZ range for Fed Day. Long above 12146 (white line) and Short below. Looking for initial Pop with stall and drop to mid or lower channel. Lower channel break, NAZ may try for 11650. Circle is decision zone and POC. May see a capitulation type sell off (white arrow). Wide range, but less from the move out of the decision zone. Looking for more slight Pop/Drop. KL...

MAZing Updated 

Since ATH the NAZ has struggled to get lower and has produced fast retracements (with force).These lifts in price appear to be like "falling bridges" to next decline. The 10630 hold/pop may be the start of "lift bridge" should it hold up through earnings week. The U Turn on Friday may of helped with providing some cushion. Key Levels above are 12,000 & 12,300....

MAZing Updated 

NAZ for 200 short, 11840 Key Level test. Open Drive drop's with the Dead Zone doing the lifting, has been patter for past few days. Should O/N stay under KL 12070, we should see Open Drive & Dead Zone drop, tomorrow. If not, easy trade is BTD (not sure buying a dip is considered trading, do dip buyers ever short?). Price action just seems odd (started last Friday)...

MAZing Updated 

NAZ has been in channel and not gaining ground, may see Curve Ball (yellow arrow). BTD's & FOMO play is white arrow (Fast Ball). Head Fake is Slider and will stay under Fib Level or recent high. O/N high will most likely be high of day and Open Session usually sells it off and keeps it under, Fast Ball NAZ will need to stick around after the Open Drive. Yesterday...

MAZing Updated 

Was not impressed with price action today. MSFT pop OK, but in O/N and not that big of bounce above day high. Looking for rejection at 12046 and drop back to lower channel 11640. Upper white is extreme high with full BTD & FOMO price action. Big range but only 300 with 1 way day. Drop would set up decent Drop/Pop for Thursday tech releases, which may help with a...

MAZing Updated 

NAZ rejected at ATH 1st Fib level. Looking for O/N lift and rejection of POC and back below Fib Level and back to mid channel. Will update as we go.

MAZing Updated 

NAZ with U Turn at the BOX Bottom. On a Friday, Options Expiration and the lift takes care of the weekly loss. Eight sessions and NAZ has been in 400 point Box. Long Term Channel is lower and has NAZ at Channel Top (4HR Below), notice the Stoch in Mid (not great). 4HR Chart YTD Daily This one is looking at 12,000 at upper target Monday play may be, NAZ drops...

MAZing Updated 

NAZ failed to move out of narrow range and may follow White Diag TL lower. Expecting Drop/Pop as the NAZ may attempt to get back in the Box. Should O/N Prop lift, expect a Sell Off out of the Box during Open. Level 11300 may hold or pause any drop. Sideways to lower with weak pop should the NAZ not hit lower target. Note: For those that follow, after 3 years and...

MAZing Updated 

NAZ at Box Bottom and you would expect a bounce back to/near TLX 11536 prior to deeper drop. KL's below and Zero buying activity after several days of springy pop up type buying PA (like a switch was turned off or prior was fake). NAZ recent 1,000 point pop should have some up/down on way back down, watch 11350 - 11380 for a bounce Pop/Test. Note: For those that...

MAZing Updated 

NAZ guide to a Short Trade or Drop/Pop. Keep your eye on the Diagonal TL (white line), these usually kill the NAZ as the NAZ rotates around and follows. The Circle is a great spot for a bounce, need the NAZ to retest below in the Box. Should the current weak lift (that just can't move, at all) stall and fall past the red line (TLX) we may see this play out. Until...

MAZing Updated 

NAZ sitting at top of consolidation range of past few days. The price action is looking jerky with some push pull and the fact that it did not just race up over the past off days may suggest a drop may be lurking. Starting to hear chatter about debt ceiling. This could be a great excuse to drop the NAZ and then when settled (mixed with anything positive) pop the...

MAZing Updated 

NAZ did not deliver the anticipated lift out of the Danger Zone, still in danger. Stalls will be sold in the Open after some O/N prop action. All dips have been bought, looking for some failure, profit taking and shorting. Bank earnings tomorrow may change the forecast or help the drop. Will update as we go.

MAZing Updated 

NAZ is due for a 500 point plus day. 13000 to 10800 drop can be covered by 2 days (yellow arrow) and 400 points. Yellow Box ix the Danger Zone, white TL is the U Turn Zone (Short below and Long above). Prior Pre Open Pop was 11/10 (500 points in 1 minute), the O/N is a reliable session for exaggerated moves. Looking for upper move to 11700 or top of Danger Zone....

MAZing Updated 

Red line is TLX, Long above and Short below. Most likely a Drop/Pop, watch the back door Diag TL and the NAZ staying under. Upper yellow line is upper max should FOMO, BTDs and the various strategic types push the momentum further. Should they, we will see a big push from institutions as these drop tests are being bought (for now).

MAZing Updated 

Called 11135 Long in O/N, NAZ may hit 11235 and Pull back at Open for a Drop/Pop. Will update as we go. Push pull is back and back to micro scalp moves.

MAZing Updated 

NAZ did go channel to channel on Friday and is now in Mid Uptrend Channel. Looking for a Drop/Pop near yellow TLX, this should pop it above 12/22 range high. Watch the speed of 1st drop/pull back snap back, if quick stay Long / slow or weak be cautious. O/N will most likely prop the NAZ up by Open, Open will sell off and retest TLX or Friday KL's, Dead Zone will...