Long appears to be the direction today. The Jobs number is tomorrow, long weekend and 4th wave (Virus) chatter, may create a late day pull back. Yesterday we did see a PB into the close.
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Getting no movement down, may be a POP and Drop day? Watch for Run up on open, PB may be later.
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NAZ ran to 20 points away from target Long, Should hit. If not sell, I am expecting a PB today. Upper Long 13440, not likely.
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Long Target Hit, PB Support at 113265
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Lite volume, PB below 13265 will hit 13200. NAZ may get thrown around by day end or Run up and just PB at close. Currently: 10YN is helping and FANG are up. 30 Min Candle forming Bearish or top.
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PB Support is holding at 13265, add or initialize contracts at PB Support.
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Below 12875 go Short.
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13275
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If Short watch level, Fang Losing Steam, use close cover.
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Cover above 13285
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Failed retrace back is momentum change, watch any long positions until close.
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Fade the rally's, switching to short side under 13300 - 13285. This is aggressive and may be wrong.
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Staying Short with wide stop, target 13225
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Long is trend/trade, I like to add shorts when more than half of returns come from overnight movement. Usually pops in a day or so after, I may be early. With Holiday and Jobs number tomorrow, we may see that last 10 minutes today.
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Break Below TL should hit target, long is holding.
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Don't fight the Trend, Not as much movement as I was expecting. If you stayed Long, that was the safe play.
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.
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.