The F-M Long Rig is active with a Gap Up and Pump/Dump play. Just notice KL 486 and how/when the NAZ gets above. In O/N, the Reg Session and previous hits at 23,440 got rejected and is why you are seeing the move in the off session. The BTD/FOMO chase is active, Pump/Dump near Open today for next move.

Note
Just review the Posts and note all the non Reg Session Long Only PA. The lifts have not been holding at 1st move, the number of off session long moves are triple that of reg session (mostly flat to negative) and is why the NAZ is higher. Today is interesting since we a have a gap up open and pump/dump playing out prior to open drive. Scalp shorts will turn into Hold Shorts around KL 23,500.Note
NAZ is only 80 points above prior 5 day high, looking like a Long Trap and strength to upside is extremely weak. Which is why the off session plays are being used all the time to lift it. Note
Loaded up Short at 23,500 with 100 point stop to start this out. At this point, will keep with shorting 1st and covering 2nd until drop break out. Note
Basically from 22,700 and up is weak price action from off reg session periods. The bounce off low was 2,000 10 minute move and another huge Sunday into Monday move. Those 2 moves are about 60-70% of this lift. The balance is mostly like what we saw yesterday/last night. No real strength and will need a retest. 22,700 is 1st major zone to expect. Note
23,625 Added to ShortNote
Divergence AP Drop test should show up or this will lift up slowly. The snail price action should result in a sell off at some point, we have seen it for weeks. Note
23,630 Added ShortTrade active
Stop at 23,800 and walking away. Drop or Stop out on this one. BTD/FOMO into Fed Day.Trade closed manually
See you Thursday.Note
Around 584, Short shake out with Tweet and next move is the Big One. Note
Washington Steet and the Media are the puppet masters. Why? always long and off session, dead zone, etc.Note
Expect a Tweet or two, if not back lower.Note
For those that have ben following for the past few years, the 3 yellow arrows are TLX's that may be targets. You have to be wondering why the NAZ popped at yesterday close most of the O/N? Most likely a drop offset, that would be added to the Sunday Gap Open. The lower TLX's are drop targets. Tricks & Tweet watch are new trading skills that you need to add to traditional trading skills. Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.