I am out of penalty Box and the NAZ is starting a new Top Box. This post is a continuation of the March 20th 2 week forecast. Top Box range 13165 - 13550 (Yellow Boxes), Current range is 13165 - 13300 (White Box), White vertical arrows have played out, Yellow vertical are next should NAZ stay in the Box. White dash arrow are KL's on way up. Shaded channels below are Short Targets for when the NAZ takes a Dive (soon). My intraday trade calls will be ending soon on Tradingview.
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30M, O/N PA has been weak. That is usually not so good for the NAZ.
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Posted this when I was grounded, just an update. NAZ approached Top and may slide some.
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SZ 13130 may pop NAZ to 13200
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13040 is a Channel that may support the NAZ back to 13112, needs to get above 13040 for a Long.
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NAZ turn may hit 65 and stall or retest
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13165, NAZ fell out of the Box. Will retest most likely.
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13065 Hit will need to pass
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Now 13097
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Needs to bounce off 65
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Only above 13065 Long. 13185 is next passing 13097, NAZ needs to stay above 65, stop below 65
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NAZ hit 13092 and rejected for now.
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Really a narrow day, NAZ is lower channel and will bounce around. Long Scalps from 13040, low volume and Holiday week.
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Out of Box, NAZ stayed in lower channel. Reliable Short targets and Long Entry spot.
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Final Folks!
IDS1000 below with Vertical lines 1/1 starts. Current 800 point pop is nothing and I see an M (yellow arrow).