The NAZ could not get passed yesterdays resistance of 13960 & 80. Level 13911 is good Buy area for Long to upper Target. NAZ should blow through the upper resistance this go around.
Trade active:
13911 is holding, use close stop.
Trade active:
13911 held second test, Stay Long for now. FANG looking good for now.
Trade active:
1st Long Target is 13980
Trade active:
Pull Back Support at 13945
Trade active:
1st Target Hit 13980
Comment:
NAZ will not break the 13980 level, take note. At least one more attempt by EOD
Trade active:
13945 is PB, Long for 2nd attempt at target.
Trade active:
Long 2nd attempt to 13980, did not get passed 13960. Resistance is strong at levels.
One last push then close.
One last push then close.
Trade active:
13911 is still holding as support, Long is recommended.
Trade closed: target reached:
1st Long Target Hit & Closed, 2nd Long active 13935 CP. Long from this level is decent R/R. Expect Overnight to approach the 13960 & 80 Levels as Test. NAZ may break through with lower volume of mostly buy side action.
Trade closed: target reached:
2nd Long Target Hit at 13975