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MAZing
6 aug 2021 10:29

NQ Range (8-6-21) 

E-mini Nasdaq-100 FuturesCME

Beskrivning

Range call, Jobs Day and anything can happen. If NAZ wants to get higher, it will have to drop (mid level of box) and then bounce to new highs. The NAZ will most likely head lower prior to any higher move. Should the next move be higher 1st and stall, then the NAZ will fall for a lower level test. Key level 15047 has good support and will most likely be a level of pause today.

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Back in Box, stay Short under 14140. Target 15047.

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May bounce to 105

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Add at 105 or no pass.

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Not strong momentum up. will retest at low should it go long.

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drop add

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Most likely Bounce then stall & drop. may want to close short.

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Short 15140 to 15100 +40, Short 105 to 100 +5, Flat looking at long to 130, long above low 83.

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Long above 5 and target 30

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close at 30.

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Long stop at 80

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Long should take off here at 05

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Long targets, 30, 50, 70. Close at your choice.

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NAZ stay out of Box should be decent Long Run.

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Only issue is 10YN dropping and making Yield Higher, could be a problem on long.

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Closed Long at 28 +23

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Will retest top of box.

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Most likely quick drop at failure for bounce. Remember short below 140 was original.

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Testing top of Box.

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Bounce, Stall Drop playing out, needs to get out of box.

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Sell rallies until out of box.

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Dip buyers should of come in by now? Could get bad watch Ticks.

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cover Short

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Long lift and will tray again at stall near 35, Short +30

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Should NAZ get out of box 203 is target passed 140, 126 is mid and support

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Stall at 35 Short, let ride. This one will go.

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Stop at buy in and walk away, have a nice weekend.

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Short at 30, Cover +15

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NAZ not ready to drop yet. Sorry. You get the idea. Stepping away.

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Should 15100 keeps holding, Look Long to 140. I feel we see a lower drop today on NAZ. Mid morning Noise is hard to trade.

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Should of kept 30 Short, my bad. had a feeling NAZ would go lower. Careful on buying dips here.

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Key level 15047, could be good support and was a target we are there now.

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OK, 15047 was low and if you placed your Buy there you did well, NAZ should hit 15100 and likely retest 47, may not get to 100, retest 47 likely.

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15100 Hit from 75 +25

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+135 for day nd NAZ will likely stay in the Box and close at low.

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15080 is good PB support. May hold.

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Does not going lower.

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Followers, hard to understand but when I list key levels it is usually safe to place opposite orders in opposite direction. As I said, NAZ will have to go lower in order to get higher. Hope this helps. Mid level is now 108 and under is Short and over should be long.

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Next move is drop to 80 and go lower further or bounce up. Should NAZ stall here.

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NAZ will try to get out of Box.

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Looking like long liquidation day and 80 is bottom of 1st half hour. Monday may be a Short day depending on how we close.

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NAZ on new TL X and may try lower TL X should it not hold.

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FNG! is down 1%, NAZ is down half. additional 50 point drop on NAZ is very possible.
Again, Dip buyers are not showing up.

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Flat Stepping away until close, NAZ looking like it may Pop. Could be Trap as narrow movement.

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15108 high was a Trap, now under 15080. Not good for Longs. Flat and watching this one. Expect Dip buyers to come in, this will be interesting if they do not. Too hard to tell which way on this one, narrow day.

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Good spot for long at 15080 85, if you want. May have room to run. Passing along.

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Get feeling dip will be bought as we just will not go much lower. I could be very wrong, trade at your discretion.

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Long Target 15125

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Long stall, quick PB to 80 and bounce is likely.

Trade stängt manuellt

Long PB to 75 and is at 95, I would close that. Look for 10YN yield to climb and continue to be pressure for NAZ next week.
Kommentarer
azorkon
Comment: Short at 30, Cover +15

I take is trading technique but not sure what you meant with "Cover +15"
- you stopped the sell with +15points
- or that you stared a buy at +15 points as well?
--or...I have no idea
rashidnassar
@azorkon, he covered short with +15 points profit meaning he covered at 15115
azorkon
@rashidnassar,
that is that he closed the sell position (opened at 15130) at 15115 with +15 points profit, and did not leave it to run more as initially thought, right?

Thank you for help!
MAZing
@rashidnassar, Correct
Mer