NAS100 Future (Continuous futures contract) forum
NAS100 I think it will go down to 20140 zone. All the foot prints I have checked, indicate that the price should revisit the root of the sharp rise. In other words, on daily, it should make an inverse V for distribution.
NDQ this ride will not stop very soon in all indices , check past history(3month before/ when we reach from 19100 to 20700 approx
US100 seems to me this is only being kept up by Tesla and the whole Elon Musk and Trump situation. Nvidia could likely have had its all time top and this marking the day of the AI crash starting. By the way many of the other AI companies started their declines months ago. I am short here with all my trading allocation. All the other big tech stocks looks ready to drop too. Microsoft with the clearest picture. Look at Europe and Asia. Their markets are showing clear signs of having already topped. Let’s see how it closes. Usually late Friday is good for a sell off. Or does this craziness keep going for a little longer.
NDX is this not getting kind of ridiculous now ?
NAS100USD This is exactly the reason why you wait...
I took no entries today because I was concerned that the price was still trading a bit high and I want to see a deeper retracement before taking any additional buys especially on a Friday.
The HL (Zig) point was signaled on the H1/H2 was valued at about 1300 pips from the new ATH, not a big incentive for me to take that buy when I know a better setup will come.
Right now we are in full consolidation mode.
Price will continue bouncing around before making that final statement.
Enjoy the weekend...
I should be posting the weekly analysis on youtube for next week by Sunday Morning (If time permits)
#auberstrategy
#aubersystem
#whywewait
#patience
#zigzagtheory
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NAS100USD tradingview.com/x/NegFhOMn/worst option from best case bullish scenario
NAS100USD taking nearly 6% profit here. Could go to 21,400, but this nearly vertical rise makes me nervous.
NDQ looks oversold position in all three indices & it's a posstive point for bulls
US100 0.5 Lot / Puts / Cost 10K approx / Strike 20,900 / Expiration 29/11