NQ Long (5-12-21) Aggressive Call

NQ looking for a bounce, has had too many opportunities to go lower and has not. Going with Long. We may see decent dip prior to Long Rally. Use close stop should you go long. I just can't see after all the Fed stimulus and such, they let the markets seriously decline. View attached 4 Index Chart, NAZ & Russell look like potential rebound but all 4 are at pivotal point. Who would you save?
Chart:

تعليق:

Fed to speak in half hour, FYI.

تم فتح الصفقة:

Buy at 13150, 50 PT SL

تعليق:

The CPI should have done more damage than what we are seeing. Stay on Long side, this will be rocky until Open and 1st half hour. You can add Longs at 13080, move SL or let hit and buy back in.

تم فتح الصفقة:

Adding 13085 and moved SL 13050

تعليق:

Adding 3rd at 13070 moving stop to 13030

تعليق:

Looking for 2 direction day, we are due. This is Aggressive and is not for all use profit.

تعليق:

Russell did hold , NAZ should follow.

تعليق:

Remember from yesterday notes, Failed moves reverse. You had 2 65 PT runs earlier to take profit from 13150 Trade, I would of but was out at time. Drooping 70 buy with 30 PT profit

تعليق:

Dropping 85 buy with 20 profit

تعليق:

Even on day and will let 1 run, SL at 13050. upper target 13200

تم فتح الصفقة:

Adding 1 at 13060 and lower SL to 13020

تعليق:

Drop 60 at 13100, or keep.

تم فتح الصفقة:

Lowering SL 13000

تعليق:

adding 1 at 13035, 3 total & lowering SL 12980

تعليق:

If you are on sideline, good place to buy. Lower support at 12925. EU Closing.

تم فتح الصفقة:

Major support for bounce all indexes.

تم فتح الصفقة:

No stop, came close will not move looking at 200 PTS negative with 3 need 13045 BE will drop 2 there.

تم فتح الصفقة:

dropped 2 at 13035, Potential old school 2 direction day.

تعليق:

Upper target 1 13149 & 2 13300, Adding 2 at 13025 & SL at 12920

تعليق:

You can see that the White Dash or TL X's are reliable pausing or turning points with the NAZ, lower at 12950 shows area of support. Today may look bad, I just don't see strong Short conviction and feel that any Long bounce will shake this off.

تم فتح الصفقة:

dropping 2 25 buys with 20 Pts each.

تعليق:

NAZ is only 15 points below yesterday low, keep that in mind.

تعليق:

Move SL 12980

تم فتح الصفقة:

Add 2 at 13042

تعليق:

Add 2 at 13015 SL at 12070

تم فتح الصفقة:

drop 2 from 13015 at 35 20 Pts each

تعليق:

Longs should pop here at 13020

تم فتح الصفقة:

no pop, looking short, One direction still in play. will hold with SL at 12060

تم فتح الصفقة:

13066 is a upper level target and break through should change direction.

تعليق:

Shorts are covering 20 level is providing bounce. Drop 42 buys at 66

تم فتح الصفقة:

Drop 2 42 buys at66 24 PTS Each

تم فتح الصفقة:

Closing original 60 buy at 72 12 pts profit

تم فتح الصفقة:

closing original Long from 13150 at 13060 90 point loss, flat

تم إغلاق الصفقة يدويًا:

Ugly day, net positive. Note easier just to get direction at start and let ride. The One direction days make trading too easy and are hard to play, sounds funny - hard to do.

تعليق:

Winners 186, Losers -90, net 96

تعليق:

The TL X's Chart will show that the NAZ did pause today at lower White Line. The Blue are POC Value levels, these are lower targets.