"It's Me Again, Margaret"Micro E-mini Nasdaq-100 Index FuturesCME_MINI:MNQ1!SidgateAjax, aka Monster Head & Shoulders, is back again. He has been dominating our charts since 9/16. His neckline: 24680 Buy the Dip area 1: 24640 - 24570 Buy the Dip area 2: 24550 - 24500 Pullbacks are a normal part of bull markets. We are ~4% off the high. Correction territory is 10% or more. As Day Traders we welcome pullbacks as opportunities to trade the same Px zone at least one more time. This one is due to the govt. shutdown and the resulting lack of economic data as well as the economic losses, profit taking after the Dow posted two all-time highs in a row, and concern about over valuation especially of tech stocks. All a normal and healthy part of the markets. One major attraction of the Nasdaq 100 to us as day traders are its big swings. It gives more opportunity for Px action and profits than the other markets. He has a new Breakout Ladder set @ 24770. every 20 points he will buy 1 contract. Each and every target will be 19 points. Above you can see the BTD areas. This neckline may turn out to be a good BTD area. I'd wait until at least 09:50 NY Time before placing a BTD trade above the green shaded BTD areas. From 9/16 to the present this support zone has been a very important one. Let's see if it holds.