You would think that the NAZ would be much lower with 10YN yield lifting. After 2 days of Short calls, looking Long today. Struggles to get lower and just bounce off lower FA Zone. FA Zone (orange box, below) is new or from today, this may be retested (usually does). If so, that is the 1st strong Long on hold or above 2 yellow KL's. Yellow Arrow is Range today and looking for break out higher. 2 white KL's are upper targets and white arrow is FA Zone above that would be a target for a few days should we stay up. Will update on Teams.
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KLOD 15033 (Key Level of Day)
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NAZ has drooped to KLOD, looking for the reaction. Long above and Short below on retest failure from under on Short. Past few days have had perfect KL trades after the 20-30 Stop Clean out. Yesterday had 8-9 direction changes (80-100 point swings) and went nowhere. It appears that there is not enough selling to make it tank so the whipsaw is an attempt to shake out some selling. This does not appear to be working. The O/N move here may be a Drop - Pump/Dump and one more attempt by Open.
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Notice the PA at KLOD and the jerky drops below, the back up. These are stop clean outs and will continue and then POP. This is what goes on ALL DAY LONG. Enter your trades 20-30 points below what you think ( just try it).
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10YN is at Low and may bounce and send Yield Lower. Should it go lower that would pop the Yield.
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Job Claims should go Lower and knee jerk a Pop on NAZ, 20 minutes.
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Anyway, KLOD appears to be accurate as we are sideways here. Today, play Long above and take profit on stall and let it reapproach the KLOD and go Long again and keep playing the KLOD. Opposite for the Short, this has been working well and keeps you in the direction of the Trend.
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KLOD Long pop target is 096-120
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Claims down lets see. So now Good news is bad news twist or vice versa.
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Just Rigged, BTD/FOMO's need to show up now, they will.
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Above KL 123 is Expressway or rejection, use at stop on current Long form KLOD.
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KLOD retest and is normal, Hit Long target at 096-120 range. Watch KLOD for reaction.
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KLOD retest Held, usually does and now upward with Snail Slow lift that should keep going. PA looks normal and not seeing the push/pull just yet. If so, we may see a drop.
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057 is now support here
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KLOD is lifting to 057.
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Dead Zone Magic should show up here.
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15106 is big test and Shake out Zone.
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FNG1 ETF is up 1.40%, KLOD retest and drop below is the stop clean out and now we have another day with 100 point swings or direction changes. The idea is that the Sell Stop gathering will be used when the Pro's take this weak drop higher. This one may pop out the top when all said and done. No Fed No Rally, Powell will say anything and bad news good news or good news bad news will be used to justify the pop. NAZ still will not tank, I think it just will not or after a higher level for real drop.
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Diablo here, needs to Pop through.
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KL 15000 was Triple Bottom, should Pop the Diablo. Just place stop under if you are Long.
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940 FA clean out # 2 may be the target, still no speed on these drops.
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Back later, staying Long here. 940-20 is Long Add.
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15020 break is 15065 next
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14885-14920 is turn zone.
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Full Range day and should head back to mid range.
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10YN is in mid. May be bottom.
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NAZ needs to pass 14930
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14990 is upper test target.
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14892 and above is Long
Trade closed manually
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DF did have the KL's the KLOD was good above and Short below. Still big direction change moves inside the Range. The drop of 1% is not much and again, we will take weeks at this pace to drop the YTD return. May see some O/N big moves lower, but that is usually unlikely.
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Stayed in white TL lines and FA down below.
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Might seem like a stretch, but watch this level should the NAZ not tank much more or hold.
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Long Scalp trade that may redirect for a start.
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NAZ may try lower SZ 1st.
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Both SZ's get hit and set the Range for Friday.
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White arrow shows a flip to Long side or potential direction change.
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NAZ still inside white TL ranges, SZ above may be in play.
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Friday make up, Good Luck. Long here at low, why not. Looking for 1st move higher.
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Stuck in NTZ
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Long above 14675, this looks like long liquidation. The selling or straight selling is move volatile and this is rather smooth. 10YN yield is dropping, may see pop up if this holds.
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NAZ Bid/Ask Delta is positive and lifting, should not be. This is some strange move here. Just do not think it will hold for some reason.
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Delta still climbing
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White TL may be limit high here.
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Move back up is Short stop clean out and may drop.
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Range is 14780-14674
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Not out of picture, yeh
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Update
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10/23 Private Post, Good Luck TV Follower's, today has generated a few hundred so for.
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10/23 update
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