NAZ will have to get some help with a Tweet or two in order to get above KL 22,881. This Post will have Monday close as end point. Look for the long weekend to use the Pop Trick into Monday and if not, we have a decent short developing. BTD/FOMO Forever, you don't even need much volume or fundamental/technical reasons.
Note
NAZ still trying to stay above Danger Zone of lower KL 22,600Note
Notice the narrow days in circle. These days had little to no selling (or volume). They appear to be an air pocket set up for a 22,300 drop test. Under 22,600 should quickly drop to 22,300, then potential Rig U Turn number 46.Note
4 HR Chart 22,600 break and possible moves.Note
Just doubt that NAZ gets above yesterday O/R, look short below and expect all sideways to nowhere type price action. Under 600 will move.Note
Weasel lift is back (zero force but keeps lifting).Note
750-800 is Sideways to drop zone, not expecting much today outside of Range.Note
Major resistance above current level, look SHORT at no pass of this ZONE. I do not care about the Dead Zone, Tricks or Tweets should NAZ get rejected here.Note
ShortNote
SP has been held up for 2 days, this should break lower and if not, to the Moon.Note
U Turn attempt with ZERO force (it always works). Look for O/N to Rig it up into final trading day and then long weekend into Monday Grand Finale. Do not worry if you stayed Short as it will come back lower in minutes to hours once the selling starts. Note
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7/3 Update, O/N pump job as usual. Note
Trying to get trough the resistance zone in on off session (trick, usually works). Need to see if reg session sells it off, may since holiday low volume.Note
No selling, mechanical buying to the moon.Note
If pull back would happen, would be here but I doubt that.Note
Short for PB Scalp under 23,065. NAZ is in Turn Zone mentioned a few days ago. Hook short here or going up if not.Note
PB would go to 960Note
SP is vertical and a bit straight up Note
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Clean out divergence is developing and may see the drop, NAZ will need to stall out.
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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.