TradingView
MAZing
24 de Mar de 2024 16:33

NQ Range (Week of 3-25-24) 

E-mini Nasdaq-100 FuturesCME

Descrição

Final week of month and quarter, with a long weekend & Holiday (4 day week, low volume, look LONG). NAZ in NTZ (no trade zone) at mid channel, will need to move up/down near KL for better signal. Chart: Thick white arrow is upper target, Thick yellow is lower, NAZ will need to move away/passed form either Shaded Zone and if not go with Opposite Direction Trade at SZ. 18592& 228 are TLX's. These are reliable as targets and reversal zones. Thin white arrow is the U-Turn move away from the Danger Zone, this would be U-Turn number 30 or so and may happen in the O/N near 2-3am. 960 was the old DZ and we had a turn in O/N (3/17) which then set up Retest Long for Fed Day pop.

Comentário

Comentário

5M Chart

Comentário

3/26 Update, I was out yesterday and NAZ is/has been is 200 point range. TLX drop yesterday did work as Entry Short with typical Open Range POP back to ML O/N and back to TLX (18593) retest for today. Now NAZ is retesting ML O/N (18564). KLOD today is 18516. O/R will has selling 1st and DZ drop or Lift attempt.

Comentário

Sunday/Monday O/N set this range and last night lifted with slight drop now. Need to see what happens at Open and if the low volume Dead Zone can take it up or we see some mid week selling for Thursday low volume long week end rally to ATH. NQ volume is declining steadily past 3 days and yesterday was lowest in past 10.

Comentário

The idea would be to let this low volume week play out and most likely lift and look short next week.

Comentário

Look at 607 KL and Short under

Comentário

92-07 is range to watch

Comentário

07 did reject for signal

Comentário

Back later and watch any stall today

Comentário

Slow PA, going to be spotty, sloppy trading.

Comentário

Garbage and O/N is only lift once again.

Comentário

540 and up is scalp to 570

Comentário

570 hit get out

Comentário

Lift back to 570 is Long above and short on rejection

Comentário

TLX is strong resistance and no pass will drop

Comentário

560-70 is TZ or Pop up

Comentário

Break out of lower 20 point range may produce a 100 point move. Not clear on direction and may see Long head fake.

Comentário

Looking like typical sideways play to O/N for easy lift.

Comentário

KLOD retest for next move

Comentário

450 is target on lower break

Comentário

450-570 is range to watch for O/N and tomorrow.

Comentário

Outside day reversal is 415 and not likely. May Hook back up near or on stall out of drop,

Comentário

515-40 is range here

Comentário

Sellers are in control, as of now and for a MAJOR change

Comentário

KLOD minus 30-50, clean out and back up may play out. Watch huge ticks.

Comentário

Long Trapper

Comentário

Volume is past yesterday and picking up.

Comentário

Just watch for any AI comments or Bailout or stimulus or any thing that is manmade. O/N will move this back up.

Comentário

450 Hit

Comentário

O/N rescue or Lower Shaded Zone

Comentário

Today the Reg Session with larger volume that O/N made a statement. Tonight will be the key for next 2 days and month/quarter end.

Comentário

Get ready to look Long or huge drop will play out near 18350

Comentário

O/N to 490 or 515 and back down. play 1. Play 2, Drop to 415 and back up toward KLOD. Should stay in 415 to TLX range, 415 break and look for SZ test.

Comentário

3/27 Update, Looks like O/N went with typical predictable Play 1, Long to 18515. The chart below is the sneak play that would catch most off guard and make the FOMO's chase. KLOD today is 512, ML O/N so far is 492, NAZ may try to break TLX (again) and if so, let it run. 18476 is KL for retest Long or Short under.

Comentário

30/5M Chart with O/R's

Comentário

NAZ at 100 points from low, clock the moves for 100 or so and get out for retest or pull backs. Back later, Reg Session PA has been half dead so try and get some points prior or you may have little opportunity. Unless we get 1 way runner most likely up (BTD/FOMO's on low volume).

Comentário

IDS27, white arrow is drop/pop off KL's and yellow is drop and out.

Comentário

NAZ under 537 may drop to KLOD, ML or 478. Just watch rotation around 537

Comentário

Just a note: If you are struggling with trading just assume that every move will have a counter move of similar distance. This will give you 2 opportunities on each move. Notice how the Drop/Close of yesterday just got retested by the O/N. If you look back, you will see the patterns that have been playing out. The same is true for Open Range, Dead Zone and other trading time zones. Nothing is justified or it does not matter what the reason is for any move. If it moves, get it.

Comentário

Bounced off KLOD, just like a Bunny hopping into a Holiday Weekend.

Comentário

Lower pop target hit

Comentário

If you are Long or looking, just watch the Shake Out

Comentário

NAZ on lower Channel

Comentário

395 and above should pop up

Comentário

We are seeing end of month/quarter selling. Now may see buying and then O/N lift into tomorrow.

Comentário

508 is next test and a pass may get this to work.

Comentário

Today had heavy selling during O/R, this is normal for large orders. They wanted out, need to watch the pattern and if NAZ gets back up. Looked like profit taking move.

Comentário

The white arrows will set up the Hook Short and Stop clean out. Many times this will set up a Long POP and TLX and above is target. TLX hit and rejection would be Strong Short.

Comentário

Still inside channel

Comentário

18440 is old YTD high prior to NQ Contract change. Above would be support. Watch the level as NAZ is on it now.

Comentário

OK, Looking for lower Channel pop here

Comentário

Another strange day, 395 is holding, VIX is lower and NAZ is in a range for now.

Comentário

Watch the Ticks, 440, 480 and 512 are steps up.

Comentário

Targets hit

Comentário

Comentário

Long way to go and will need O/N Prop

Trade fechado manualmente

3/28 Update. No O/N Prop, that is a very unusual and a potential red flag. Yellow arrow on chart below is range for a break our and watch 18572-18416, O/N ML is 493, NAZ will rotate around, KLOD is 484. O/R may have another sell off as the large orders can get out at that time. I am out most of the day today, good luck and have a great Holiday.

Comentário

IDS27 and KL 515 is rejection NAZ, Look for Holiday low volume play to get above and test TLX 592. Should that not play out, take lower arrow.

Comentário

Past 2 days had O/N Pump/Dump into the Open. Look for the same today and if not, go long with the FOMO's.

Comentário

4HR Update, 515 and above dose have long selling wick. Should NAZ get above 515, it may gain some strength. This may surprise and get most to chase. Bottom Chanel and 515 is forming a wedge.

Comentário

FOMO 1st move to 530 and rejected, will keep poking until it gets through. Or does not and just takes a dive.

Comentário

Gone for the day, just look Short under 592. Example Long to 592 and watch for rejection or wait for 592 test and play next move or long with trail stop. FOMO's will move 1st, they always do.

Comentário

TZ today is 560-92

Comentário

Next test is arrow above 495, slight drop is gathering some luggage.

Comentário

Hook Long or drop at 18500

Comentário

18514 did hold the weak NAZ (during most Reg Sessions) lower. We would expect the O/N to rally big Sunday into Monday Reg Session. NAZ at lower Channel and looking for a bounce. Sitting in the middle of 655-288. NAZ struggling to get lower has usually been followed with a huge 1-2 day pop (typically off session). Will update next week by Monday.

Comentário

4HR YTD Channel, whites are old Longs and Yellows are next or way lower we go.
Mais