MAZing

NQ Range (03-06-24)

MAZing Updated   
CME_MINI:NQ1!   NASDAQ 100 E-mini Futures
Key day #2, need to see a break down of typical patterns or NAZ back to ATH. KL 17867 with U-Turn #2, O/N with typical Prop (Pump/Dump Set Up ? ) and back to ML of yesterday O/R. KLOD is 18022, Orang are FA's and Blue KL 17960 is channel test/break. Placed a Fib on KL's and we are 50% back up from low. White arrow is BTD/FOMO and Yellow is Pop/Drop back to KL 17867. Today may be sideways and narrow all the way until the close, O/N pop into Thursday and Friday typical rally or major sell of back down. The O/N is the Boss, Reg Sessions seems to be frozen. I will update on Teams.

4HR Channel Chart
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30M Channel (Diablo is dash)
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Yesterday NQ Contract volume was highest in past 10 days, produced a 425 point move (drop). The close popped 100 points in final 30M and the O/N has moved 150 points (up) on a volume of 75k contracts. The O/N continues to move the NQ (usually up) on much lower volume. Next large volume day will or should be back up or lower for a decent trend or period.
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18030-20 may pop back up or look long on hold, Scalp Trade back to O/N High. NAZ at 18035 now.
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White arrow is Long Scalp
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Target hit at 18075, Should NAZ fall back under 18040, the range is 60 point sunder with sideways rotation until next move, I will be back near Open.
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Look to take Short scalp from 18084 at no pass and as close as possible, NAZ at 18075 now.
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If passes, let it come back under
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FA above may be TZ / Turn Zone
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18069 and under now should try 18040
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18070 seems to be a level they want to stay above, look for PA when NAZ goes under this level.
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18080 may be ML of O/R and look for 40 point range above and below ML
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130 rejected the Prop Job from the O/N Rig Team.
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NAZ needs to get above ML O/R or will drop again, 18080
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Sideways is playing out, NAZ may try to get to Close/ O/N to rig up for tomorrow Reg Session
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Day so far, Open and drop back to sideways level
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Still inside O/N Range and no strength NAZ is back today
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18125 has some divergence, may see a drop here or after a fake pop up
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Back under 18130 is short and above Long, ML O/R Next target on drop test.
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Hook Short at 18130 may appear
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Above 18130, just watch the Head Fake Long Play, entire lift is al O/N and directly after the close yesterday. No buying it but it may keep going to 18220-50 range
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There it is, welcome back to reality and some sign of normal
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That was from the Divergence call/note, now can go either way.
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Big order did that damage, these will show up on the sell side should NAZ continue to stall out
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What is just crazy is that every drop has a quick come back, you have to short to a target and take profit until you get a trend. The NAZ will fight this as much as it can.
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960 will be defended like last time and is the Danger Zone
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Under 960 and it will be very bad
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152 and above is long scalp for now
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O/N session is Long Trade with easy PA, like walking on a beach. Reg Session has turned into what the O/N use to be, a wasteland.
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KLOD to 18040 should hold on Long Side
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No way they let this get in the Danger Zone 960 and under, will not happen
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Last move 100 point drop and next move will 100 in the up or down direction. 100 Point moves are the norm and down in the Danger Zone so we may be careful here.
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Previous 4HR candle is not good or has no real direction
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825 and above may pop some
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O/N Rig Set Up, not sure the O/N Rig Pop will work tonight
Trade closed manually:
Garbage PA
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Don't even get me started. BS one by one and this is totally legal. NAZ can't move 20 points and keep it in Reg Session but can move 200 in O/N at 2:00-3 am, KL 17960 get s a under 40-50 point clean out and then pops (U-Turn) away from the Danger Zone, KL 17867 is the major KL to watch and this may be in the mix. Chart below is Range on left and 5m on right, the range PA was strange after the drop, this I have seen only a few times. NAZ now back in O/R of yesterday and back in LT Channel. Use the post/KL's today as nothing has changed.
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4HR Chart
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The fact is that traders/investors can look to technical/fundamental analysis all they want and at the end of the day for the short time frame trader, it boils down to knowing the players and their games. When the games are used and the two very different sessions (O/N and Reg). The O/N has become the lead and is most important as it sets up the Reg and the Reg usually can't get out of the O/N range and keep it.
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Scalp and use stops, best plan for now. The current flow has been going on since 2022 and will break down at some time. Most likely when the Mag 7 (now Mag 6) becomes the Mag 2 or 3. Tech bubble had a concentration of 30 or so before the bust. We have 7-6 and that is good or stable? No and is why the O/N is manipulated like I am proving ever day/week.
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Today you may want to sit out or wait until after the 1st 30-60M, the Dead Zone may be easier than the Open Range/Drive. Today's O/R may be sideways and we know how the DZ and Close and O/N move, Up usually.
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O/R Range may be, 18160-00 is range for Open, looking at Divergence at 160
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After open , 6 minute 100 point drop and watch KL 18084
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Stall out would be pump/dump from O/N and we are under O/N high
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160 is Long above and Short below
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160 and up to as high as 240 may be MOP up and stop clean out. Sideways time after a few fake moves. O/N did its Job Again.
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Forgot JP was testifying today (again), that may have something to do with O/N U Turn Prop in the middle of the Night.
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Flat here at 250, sideways to next move and it appears that turns are happening in O/N and the Reg Session just continues or plays in the O/N range. 284 is a Pivot level, NAZ will retest it. 225-284 is range to watch
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284 drop will need to pop back up quickly or deeper drop may follow
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Current run is 370 points, think it will go another 2-300? Pull Back is likely
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285-95 is Scalp Short back to O/R High, Just use a Stop
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312 is ML O/R of Monday and may be TZ or upper target here
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18300 is a slow weak lift and may be setting up a drop, just wait as thee can just keep climbing until the Algos go off.
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NAZ at Mid Channel, may see PB near 18300-25
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Looks like a Friday lift, not real sure about lift as the NAZ is only inside the recent range of play. Could be retesting the range prior to next move which may be lower.
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range for past few days.
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18360 rejected and no pass back above may set up a Long Trap.
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Lower targets on stall are, 18300 and 18225
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Above 18130 is vertical, look for pull back inside the current range 360-130
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So today the indicators are upside-down, when this happens usually the lift will continue and then drop in the following day if not by EOD. Just one of those days and the NAZ is just moving in the range and nothing new. The thing about today is again most is from O/N.
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Drop and now the Short shake out
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225 needs to get hit or back up
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NAZ staying under 13820-30 may drop more
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2 arrows set up the Divergence signal under 360, mentioned earlier
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290 to 360 had 2hours up and 10 minutes down, still feeling the sell side with a strong conviction, NAZ just needs to stub its toe.
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I am out, next 960-860 retest will not hold or produce a U Turn. Until then BTD/FOMO Forever
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Careful on Long side tomorrow, take away the 2 am prop rocket and NAZ is not here. I have been mentioning the break down of the games with the O/N. We may be close
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Typical. 100 point drop from top or trap call
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360-130 comment 2 hours ago, got to 160
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Watch the quick bounce or NOT.
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Look for it
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3/8 update and the 400 point pop did have the 200 point drop test, you have to view current contract today and this is NQH. Range 360-160 with 260 in mid and remember 960, NAZ floats up on Rig Pop Friday, BTD/FOMO until Tuesday.
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No updates today, just track 100 point moves before changing direction or plan.
Many of you get shaken out, today will be a heavy shake out day inside the yellow arrow range. Look for shake outs and take your trade with original direction (ignore the shake). Example was yesterday top Shake Out, then we had 200 point drop. The prior lift for hours was eased in minutes and the shake out was at the top and 1st looked Long to the moon and then dropped. O/N looking weak here and that is 1st clue of lower PA today as the Reg Session like to sell off 1st.
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Today watch 18240-85, key zone here.
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Up but revisions do not look good.
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Part of rigging is also higher numbers then you get revisions a month later. All part of the Rig or lift play.
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Doing some Private stuff today, you can see the range play and how NAZ is staying in range of Original post earlier. This is just a game and do not get shaken out on your Short Trades, one of these will run for several hundred points in the days to come.
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This combo Chart does show a potential Lift on the way so sideways to up or no up and way lower we go.
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You need to watch the NVDA/APPL blend (GOOG is up also), NVDA can drop and APPL is offsetting. The day will come when 2 or more LC Tech's have a bad day and that will crush the index and market. The Rig Team is creative with how they stabilize during Reg Session, the O/N is easier as the volume is nothing.
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I am gone for balance of day. NAZ inside O/N range is safe and under is test of KL 18080-057. Nate that we are still way above yesterday O/N magic prop at 17920.
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Last note, if you remember yesterday I mentioned that the fake lift is usually followed by a drop. This is that drop and days like yesterday set these up. The Fake lift (17920) in O/N was the origination and 1st signal of pattern. This Rig is not over and this may go back up so look both ways.
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Under 17920 is Outside day reversal and on a FRIDAY, Nasty.
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2:20 CT Close, NAZ should stay inside yellow arrow range from morning chart, 18057 and above. Not sure if it will go much lower and doubt that we see a magic pop up, although that would be great to re short for next week.
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BTD/FOMO Forever, have a Great Weekend.
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The week of 3/11 Range
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