Nasdaq 100 Index forum
NAS100 My outlook for the weeks ahead
NAS100USD rivv great tradeNAS100 closed my long. Very positive week so far (caught the long on Tuesday afternoon also). I'll be looking for shorts after the NYE openingStarting to think that this may have another push down to a weekly FVG around 19500 before another push to another ATH. We're still very much Bullish (on the weekly) but there is some imbalance that i feel needs to be filled before another push to the upside
NAS100 for a bear trend.. Needs to break below 20540 for the 15mins and 2hr timeframes.. Then 20400 on the 4hr timeframe and you will break this wedge further to the downside.For a bull run, needs to close above 20786.. On the 2hr timeframe, 20700 on the mins.. Then 21841 will be the ceiling for the channel.
The only thing thats suspicious for me is the 30mins zag print, hasn't appeared yet which tells me either we break the 30mins at 20741 or we follow.. The first scenario which will give us the print.
My hunch is the first scenario.. But the system of hedging is great thing which does not require stop loss and instead get the money back when the market reverses.. Theres alot of imbalances which also needs to be filled to the downside..
NAS100USD NEWS AT 8:30am cst, Unemployment claims
NAS100USD Oh by the way!
Some of you all worried about NVDA
The daily already created a HL on NVDA to confirm the up trend...
It's HL's HH's all day everyday....
My strategy works for everything...I just choose to trade NAS100 and my Long-term investment stocks.
Like I say all the time...stop getting flustered by news and all these fundamentals and trade the structure of the market.
Everything is built on structure...
Once it is made...it must have a structure and once you figure out the structure...everything happens within the structure.
see NVDA chart in the link provided.
tradingview.com/x/q18Xl9kG/
NAS100USD With just 3% up on yesterday's entry of 20,584.11.
The low of the day has already been signaled unless we have a LH formed on the H2, this should carry on until the H23 type of High.
If the H23 signals a HH...I know the trend will continue...
If I only get a H23 LH...it's TP and wait for the next round of HL's to continue the trend.
As always...It's the HL's to the HH's for the trend...
In any event...the trend is always your friend...
It's all about patience...
#oneauberstrategy
#auberstrategy
#aubersystem
#whywewait
#patience
#zigzagtheory
