Sticking with Shorts this month. O/N Stabilizing has been breaking down and the Reg Session has been selling off and then sideways with weak to zero strength. KL 20,269 is Long above and Short below. Typical flow has been Long in O/N, short for 1st 30-60M, Long in Dead Zone and Close was random. Should O/N Rig Stabilizer break down then the clear direction will likely be lower (due to Reg Session weakness). Will shall see, just watch the stall outs and Long head fakes. Keep an eye on 10YN, mentioned last week.
Not
Nvidia needs to break lower and lower we go.Not
Notice the O/N range vs Reg Session so far. O/N is the Boss.Not
NVDA popped and stalling, look short on stall out under 20,190 on NQNot
10/8 Update, NAZ gets the typical and predictable Overnight lift after the Reg Session sold off yesterday. If you look back at my previous Post's, you can see this has been going on for years. You can see the potential U Turn set up in the O/N at 19,975, that is to the Long side. This would play into the O/N redirect of the yesterday's Reg Session. The flip side to that is the O/N Rig Pop is a set up Pump/Dump for the Open. Look both ways and stay out of the sideways mid day PA. Not
If the markets did not have the Overnight trading to stabilize and redirect any lower move, we would of seen QE #3 or 4. You have to ask, when is the do do going to hit the fan? 10YN is still dropping, FYI.Not
Note from earlier. NAZ is under 330, keep an eye on that.Not
10/10 Update, O/N did not Pop Lift and that has been the case recently. NAZ stayed under 20,530, I am looking short and Out for now as I do not see a clear next move. When the case, the NAZ will usually move straight up, stall and then Tank. The Friday-Monday 90% Long only trade may be next hurdle or test, I am waiting on that or will Short prior if we get some heavy selling volume.Not
The O/N is the BOSS and we rarely see any gains above the O/N high. Like yesterday's Reg Session lift, it usually falls back the next day. 478 was O/N high and lower we are. I would think that the big drop will happen soon. We need to get passed the Friday-Monday Lift Job or if no lift, it will happen prior to that Rig Play.Not
10/11 Update, KL 20,269 is level to watch today. We have seen some O/N weakness and that may be a red flag since most gains have been set up with the O/N Pump. Need to see if Friday-Monday Long move works or not. Should it not, get short and stay short. Many rig type usual patterns have been breaking down over the prior 2-3 weeks. When the drop does show up it will be fast and deep. Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.