Looking Long from yesterday call at 11120, move stop up for Open Drop test. Red Lines are TLX targets, White Arrow is Long and Yellow Short. NAZ will try and get back in the Box today (likely 1st move) after Open slight drop test. The TLX's are 1-3 day targets, not expecting a hit today.
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If Algo's get going, may see a 500 point upper move towards the Gap. 1 Way NAZ, set it and walk away.
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Today's move from yesterday's call to go Long. Let's see how it plays out.
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200 point target hit on Long Call, close and let drop, stabilize and buy lower for next move up. Stepping away until mid morning.
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Good Job to you if took the Short on the way down, I did not.
Do Not go Long just yet, wait until after Open and 1st 15M or so.
Do Not go Long just yet, wait until after Open and 1st 15M or so.
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NAZ will drop back down if stalling continues. Any hold below is the Long Set Up. Not Ready Yet.
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Close long at 275 if you are in. NAZ will Drop Now.
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Pick back up on Long side at 200 or so.
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This has been the Open Range for day. Not impressive so far.
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If Ticks stay positive, NAZ will Inch Worm higher. I do not trade those type of days. Stay Long and do not short today.
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Will check in later, boring 1 way on the way.
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After 9:15 CT if NAZ does not drop, you will see the Inch Worm price action just continue throughout the day. These are actually very difficult days and are not tradeable, just hold them with a trail.
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The Top Open Range of today is same as yesterday, the lower orange line is slat of where NAZ may land or target. Saying, NAZ may stay in the are of these 2 lines and them Pop out later or stay down (but above orange line).
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Inch worm off for now, until NAZ gets above 340 or so.
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NAZ going with sneaky slow inch worm (after drop/pop), watch this POP. Most likely will get sold off by next week so do not chase.
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Back at top of Open Range. May tank from here. 350 needs to hold.
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Shorts away.
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Head Fake Long, stop at Top or day high.
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Ba Bye.
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Top Mop, trapped now.
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No drop, NAZ will POP. Holiday Monday so low volume PROP opportunity for the riggers.
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Barrier, NAZ will get through
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Head Fake Short now. Watch the snap. NAZ is going Higher. Overnight long weekend is perfect for the Lift. I could be wrong use profit here.
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Have a Great Weekend
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The 32% drop is the same % as Covid, 48% back up t old highs. NAZ will start to move in mid range of old highs and current low. Think we are at a level that will hold for a test bounce.
