NAZ is getting Overnight Prop, look for weakness after the Open. NAZ moved 610 points in 2 days and half from Overnight low volume, make a note as this will be tested in the future. 12-6-21 Chart Update, NAZ appears to be choosing the White Horizontal Line as apposed to Yellow, or is this a Head Fake? Hard to tell when half of rally is based of Overnight PA. 1st half hour of Open, we may see a Drop & Pop test that may validate the run up. Other than that, go Long to ATH.
Year End Post Update
TL X Chart Update, NAZ back in the Box and Red Lines are pause or direction change levels.
Year End Post Update
TL X Chart Update, NAZ back in the Box and Red Lines are pause or direction change levels.
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KL's: 16325 Upper / 15870 Lower
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You may want to visit my 12/1 Post for a laugh, here it is again!
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Every major Tech Stock FAANG has Gapped Up on Open. Look for GAP fill in next few weeks. NAZ will likely test the 15800 level in near future.
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Stall at Open, Drop to 16000 potential for Pop.
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Long day ahead, If NAZ can't get higher it will go lower for bounce.
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Will be inch worm Grind day higher, do not Short this. Done for the day. Wil come back if Biden and Putin get in a fight.
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Upper target is 16360.
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16360 pass goes to 16530, likely in Overnight.
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All Pull Backs will be bought, add on PB's. One way, all the time and all the way.
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May see decent PB to 16250 - 40.
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Only concern is that Goldman Sachs on 12/4 lowered 2022 and 4th Q DPG outlook, previous times that markets Pop and then drop a day or so after. This sets up a nice Pop & Drop Short. Makes sense if you want a nice Short.
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Day may go into sideways consolidation for EOD Rally.
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NAZ struggling at TLX, no confirmation yet.
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NAZ stays below 16276, look short. Otherwise just a PB.
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Long at 77 and above for high take out.
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One more leg on this PB for Pop. Failed high take is short set up.
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Place Long
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Long target is high and then 16360
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Good, let se if it hits 60.
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Inch worm grinder days are tough if you miss the beginning.
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Only Short would be if up momentum fails or stalls, not likely since lately we only see 1 way PA. On Longs, you can place 20-30 point take profits and then renter on PB's.
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PB to 16200 shows good support, if NAZ drops over the next day or so.
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KL Upper New 16118. Watch this level on PB's. No Shorts today, only establish a Stop on long.
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Typo Upper KL is 163118
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NAZ back to that.
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Man, 16318
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Let it rip Long.
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add at 16200
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Hold Longs, NAZ will test Top prior to any drop.
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Drop pulls in selling and then reverses up.
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Many tricks being played these days.
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Closes at KL 16318, cant get more accurate.
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Inch worm grinder with Close Head Fake Drop. Try and remember these plays/patters, you will see them again and again. NAZ up another 200 from here before you think of shorting. Most likely in Overnight as Asian and other will most likely rise.
