NQ looking to test lower and bounce, most likely sideways in the range.
NAZ looking to test level & bounce should level hold, other indexes have not been participating in drops and could get worst at open.
Anticipated Short Break, Long Reverse Targets.
The recent 109% run from 3/20 to 2/21 is historic. March of 1999 through 1/1/2000 the NQ100 ran 92%, this was followed by 3 consecutive years of 30% plus declines (last multiple year Bear). March 1999 to current Average Annualized Return at 9.83%, YTD we are at 7.5% and 2019 & 2020 posted 39% and 49%, respectfully. We may see a pull back, at some time this...
Positive returns going up sound great and are, the negative returns (math) needs a closer look. Use material as a reference for Short or Buy Major Dip set up. Not calling crash, we are due for some 2 way movement (as opposed to just UP). Example: The NAZ has an annualized average return of 9.8% since March 1999 - Current. 3/1 - 12/31/99 the NAZ did 90%. We...
The combination of indicators can be used as a reliable intraday direction indicator for Long & Short trades. I use these with Range Bars and switch between 30, 40 & 50 bars. The type of day (volume & price action) can be determined by viewing the pre open session range (Value Area).
Bottom channel target, Aggressive tight stop limit. Froth in recent run up as more than half came from after hour futures and not open session. Once momentum stalls out, heavy selling will overwhelm the Index. Initiate Short at or below 13580 and SL at 13600.
Channel break and a follow up on my previous Short call. Should the NAZ not get back in channel, the downside target should be reliable.
Mid Channel short of NAZ. Long Target & Reverse Short to 12977 Target.
Potential short targets should the NAZ not retreat back up in the long term channel. The 2 session Blue Trend Line has been reliable, major value areas below. The institutions seem to be in the accumulation phase (buying at a discount).
Range Bar Intraday Long/Short indicator, Tame the BULL. Get in early and get out late on long & short trades. Built for 30 range bar chart. Price action and volume used for entry and exit points. AC MACD BB, Ride the white line on Entry Long. No Line, look to Short Additional Confirmation: Yellow EMA under Blue Super Trend - SHORT Blue Bar above Blue Super...