NAZ will most likely try higher and get rejected at 12585, if so look for a drop lower. 2 way day today, stall out should turn into a decent drop.
4HR Chart
Baseline
4HR Chart
Baseline
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12490 Shorting with 150 point stop on all, adding at 12550 and 12600 should it hit that high.
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Target on Short is 12295
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Betting on barrier
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This recent Run Up, can be viewed as 1 good day or maybe 2, no real convincing to me.
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Could be runner or Top Mop, Have to let Play out. Believe after Open Stall, will be Rally Selling today.
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12506 and under is Strong Short.
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Load Up Short.
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Rally selling or Bust today.
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12506 test and rejected.
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Fake PA is not your friend.
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AAPL needs to go negative and way we go.
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Dropping 1 at 12455
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12550 stop at 12510
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12506 is Key Level and stepping away here.
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12506 rejected again, should be 1 way lower from here. Unless Magic Prop Shop show s up.
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Next lift toward 12506 is final test for morning.
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Shorting 4 at 12470
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All stops at 12525
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VIX is lifting, Few FAANG are lower. MID Zone of move here.
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Another Rejection at 12506, may POP through or head fake near here.
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Adding to short at 12510 and moving stops to 12550
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NO Drop will Close 6 Shorts at Break Even.
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Looking more like Head Fake that Move Higher.
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All the Young Dudes, Trust me. You can Scalp my moves, I tend to hold on a bit too long.
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Stop for me is at 12510 and stepping away.
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Rollover day, you will see.
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ALGO's are taking aim and TESLA needs to drop.
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Here come the Machines.
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Mid Mop here to lower, Most likely. Sideways until later. Stop at 12510
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Like I said, you can Scalp my calls. Short down and Long back up. I place and let them go. The intraday movement is so active that a Stop and Target will be hit on same trade and move in the called direction. Dead Zone activity will usually float around the Range. My Opinion is that today will end lower and start new trend for a few days. Scalp Scalp Scalp. Stepping away with Stop at 12510
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Notice the Barrier Zone and Top 1st 30M, 12517. NAZ has not passed and that is the Key for this morning. Under that, NAZ will fall.
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This is not good for a Long. Can drop some or Not, usually will drop.
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Shorting 5 at 12565
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Dead Zone PA, Not real.
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Here comes the flip.
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Very High Positive Ticks, watch for drop. 12650 Stop.
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NAZ fighting high sell area, may Pop through. Today was a slight Drop/Pop as mentioned to get through the area. May or may not happen. Stop in place just in case.
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12601, IDS Initial Short signal confirmed.
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Target on Short is 12520.
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The issue on Short bad call or early was the Yellow Arrow.
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If you are Short, Stay call and place a stop.
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Notice the rejection at High Sell Zone.
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1 or 2 more rejections and NAZ should drop. Lower stop if you want.
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Short trades move 3 times as fast as Inch Worm Longs, That is why we like them and look for them. Lowering stop to 12625
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Rally selling would happen now.
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The Dip buyers are working for the Sellers and Shorts.
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Bail on Short or Lower Stop
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Stepping away stop is at 12625, will not move.
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Stopped at 625 and back on at 610
Trade stängt manuellt:
Holding Overnight Stop up 100, 12710. Targeting 12520. Very weak Bullish Price Action. The previous description makes no sense, usually does result in correction or drop. Never really know, so me take some shots. BOX Top is just above, so we will have some resistance ahead.
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past 3 Final Hours have been very unusual/flat/tame, this is not the NAZ I know. FYI.
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Just a little MORE, You Can Do It.
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Shorting is 1/3 the time of the Melt Up Boring Baloney. Very Efficient. Lowered Stop for profit but expect to hit target.
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So under Strong Sell Zone of 12585 is a problem. See how the ying/yang the price action. Closed 5 at 12550
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Most likely tomorrow. No pass at 12585.
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3 Bars take out 8-9 Long Bars. melt up vs reality.
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Another Divergence example
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Another
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Final move from Close Trade, got to 12528, may go back up and test 12585 if you are working. 12585 is the next Key Level