NAZ may continue to lift, mentioned last week that smart money typically can't get out easily during Holiday weeks. Seeing that our world is now primarily Long only products and Indexing (with smart money trapped), you would think up 1st. The targets are yellow lines and we may see a typical drop/pop at Open, 11670 may be low buy zone.
IDS50 Chart, Red are sell, Blue are buy zones
Daily Chart
May be limited updates for balance of week. Have a great Holiday and I appreciate the support.
IDS50 Chart, Red are sell, Blue are buy zones
Daily Chart
May be limited updates for balance of week. Have a great Holiday and I appreciate the support.
Комментарий:
Busy news day with Fed Minutes later. I would expect the Drop/Pop after Open depending on pre hour and Michigan release at 9AM CT. You can short to or wait for hold on drop and Buy lower. 2 way day to start with potential rally or major wiggle at 1PM CT. Yesterday only generated 300 intraday points so I would look for a wider range today. The Post call is just a guide, the range is the bigger picture.
Комментарий:
IDS 20 Scalp Trades. View arrow for play. These add up as you wait for the Runner that may show up. Hopefully you get that one correct since you have e been waiting for it. Focus, block noise and execute.
Комментарий:
Playing the Long side on each Dip has been working, may see a shift or less conviction for a break or rest.
Комментарий:
836 Hit near Target, needs to pass again.
Комментарий:
Holiday Long Only Grinder so far. Every dip getting bought.
Комментарий:
963 is next, on Long Side.
Комментарий:
913 is pivot
Комментарий:
850 retest possible
Комментарий:
Retest, Should bounce
Комментарий:
50-65 is Back up or head fake and retest 50
Комментарий:
Head fake, watch Bottom 1st 30M.
Комментарий:
This is normal, trade was Close Long at Stall and short to 850 and waiting for head fake to play out.
Комментарий:
KL's
Комментарий:
NAZ at 11810 is about mid range and will wait on Fed Minutes
Комментарий:
11750 NAZ is flat. Notice the intraday points generated. NAZ will give another 200 hundred or so. You should have the 1st half of point in. If you shorted to 850 and held, you are on fire. One more run on the way.
Комментарий:
Long developing near 11760, waiting on Fed.
Комментарий:
Divergence below usually works out, waiting on Fed
Комментарий:
796 is KL, mentioned it yesterday and back today.
Комментарий:
Sneaky Low Volume games. They scare people out of trades. This will most likely go back up 840 or so. 11760 set up has played out as example. I am Flat. Waiting on Fed.
Комментарий:
The circles, whenever you see these look for the opposite move. May see a drop here or not since Fed.
Комментарий:
Back to Top and now back to 850
Сделка закрыта вручную:
840 EOD
Комментарий:
Just look back at decent or many up moves. They happen in O/N or strange Open session periods such as Dead Zone or final 10 minutes/close. The Holiday run was expected as this would be similar to O/N type PA. Markets are rigged and propped to upside. From now to Monday Open, we will most likely see a lift that will be retested. he chart below will show the 3 up days that support this level. 1 huge 1 minute pre Open and 2 Holiday light volume days. Pay no attention to anybody that does not trade intraday. Have a Great Thanksgiving.