Weekly forecast has been accurate, so far. The O/N lift last night after the 2 previous days (including a Fed Day) may suggest that nothing will be changing with the flow of PA. No matter what the Reg Session does or the other World Indexes do, the O/N will lift, drop offset, Rig, Prop, etc. These are all to the Long Side and set up Long Rallies or Pump/Dumps (at Open of Reg Session). With that, being the 1st day of a new month and Friday is tomorrow (Friday is usually long though Monday close), you may look Long as the pattern or games have not changed. Yesterday had some push/pull and unless you see that, look LONG. KLOD 17325, Arrow is range the break out, FA's above and below, White diagonal TL is support, 17435 is Mid Level of upper half of range and 17080 is Mid Level of the 8% YTD Range. I will update on Teams. I will be out until late morning.
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Volume yesterday was the highest in past 10 days and awhile. Current Vol is good, hard to tell if this O/N lift is Long solid or setting up a Pump/Dump?
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4HR YTD
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IDS20, notice the 100 point moves. Pull backs set up 100 point Long Scalps. Just hard to tell PB from Short as every drop gets lifted back up. This is what I am looking for, the breakdown of the cycle and the deeper drop on heavy 1 sided volume.
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Except Google, most LC Tech are back up 50% of yesterday drop. Yesterday (all day) can not compete with low volume O/N session as the O/N can lift with ease and no real volume. The Reg Session has had a hard time breaking out of O/N range the past few days, this may change today. Current O/N range is 17262-17358 and we may see a break away or out of this range and possibly to Long side. Watch from drop the ML Range 17290 and rocket Long. Don't fight the Rig or the Fed or the O/N (the New Boss).
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May be pump/dump, climbs up for hours and drops in minutes.
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At ML O/N for next move
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17290 Move did break above O/N range will need to stay up
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You are almost better of placing a entry at KL in opposite direction rather than entry to target type. PA keeps coming back to ML of O/R and ML of O/N range.
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17385 and under is short and over is long, but needs to stay above.
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17285 Break, why not and until Tuesday Morn. Back to YTD High in O/N and Friday and Weekend. Do Not fight the Rig team.
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385-435 is range to watch and anything above 385 is going higher with O/N and Friday around the corner
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Looks like Friday PA is coming in a day early.
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Thursday - Tuesday Rally?? Zero push/pull and away we go. BTD/FOMO Forever.
Trade closed manually:
LONG Gone, O/N has 1 move and do not Fight It.
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17435 plus or minus 20 points is Play here with Short play at rejection
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May see trick Hook Short today. Stalling here at 17440
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NO stall but O/N delivers big
