NQ - 4Hr Friday / Weekly Close E-MINI NASDAQ-100 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:NQ1! HK_L61 Sellers from Globex's O/N party were collectively dumped on their heads. The Gap Fill, s criminal as it was had a 76% probability of a Fill. We took it and smiled, our day was complete and Over then for Intra-Day swings. It then became a range scalp until the Flood Gates opened once again as 1C remains incomplete. _____________________________________________________________ It would be comical, were it not so tragic. A few weeks back every Guru touting higher and higher, is now telling the followers to SELL SELL SELL. It is abundant here as well on TV. We have our initial 001 PO Exceeded by a wide margin, wide enough to provide confidence in the 1.618 being approached, tagged, and possibly exceeded. ______________________________________________________________ Options activity should be watched very closely as the Jumbos are not going to buy the underlying... not a chance. They can use Leverage for Profit, the FED Tentacles for a Squeeze to begin 2/5. Retail has been clubbed with BTD, now it's SER - (Sell Every RIp) - Genius after 2300 Ticks of Decline, SELL~! Yeah, fairly certain there's far EGGO for the Waffle House. Wall Street enjoys watching the Investing Public trip all over itself. It is not ever in their interest to tell anyone to SELL, Never. The last of the BTD Herd is being Called again for Margin, this should just about end that charade. Then it's Money Managers who will not SELL unless instructed too, IF you can get through to them due to Work at home and no Audex, VOIP Call Center in the Den, Study, or Garage. _________________________________________________________________ 2/5 is quickly approaching for what should be TIME next week. If 1/5 extends, then we have far larger issues at hand than the anticipated 23% SELL Correction in the NQ might Morph into a Power Down Range of Dangers. Doubt that, but it's not up to me. Patience - If all this work lines up, we should see at least a .382 RT or the entire decline, at a minimum it would be off the 16009 to lows, which would imply a possible 50% RT . 16767 would be the .382. We will see soon enough. I'm thought a lot about what the raven might say next week to provide some lift to Fear., but then Yields did their job and they are far from done. That Saga is just beginning. I'll provide some context with both ZB and ZN. Poster idiocy TLT is no longer going to be discussed here as it, much like AMC attracts further silliness. AMC hit $16, ower still, no further commentary about the Jungle will be forthcoming. The point has been made and is complete. TQQQ split of its won accord and appears to be splitting again. Passive ETFs are a favorite SELL of Wall Street. ______________________________________________________________________ Have a wonderful weekend everyone~!