US 100 Index forum
NAS100USD A video version of this commentary is included in the youtube link in my tradingiew profile.
As I have always said; "Any sells on the NAS100 are only temporary retracements to register a HL on a larger timeframe."
With Last weeks interest rate decision, a lot of volatility and panic was created by sellers reacting with panic as usual and the buyers capitalized on that by being patient and waiting for the storm to subsize.
The retracement took an entire week to come to a close and it was not until Friday that I saw the H1 timeframe breaking back in a bullish structure to close out the week of retracements to form a HL on the daily timeframe.
With the weekly candle expired again, it will be just a matter of time before the trend resumes it's responsibilities to complete another ATH.
So for this week, nothing has changed and I will continue to wait for my largest HL and buy to my Guaranteed ATH.
Remember to practice
Use proper risk management
practice on your demo accounts until you are comfortable
Trust your analysis
#oneauberstrategy
#auberstrategy
#aubersystem
#zigzagtheory
#whywewait
#patience
NAS100 NASDAQ 21st December 2024 Weekly Analysis Based on Main Key Levels
📍 Weekly Current Market Price (DCMP): 21,260
📉 Key Levels
🛑 Resistance (Above DCMP):
Resistance 1: 21,854
Resistance 2: 21,988
Resistance 3: 22,203
✅ Support (Below DCMP):
Support 1: 21,050
Support 2: 20,967
Support 3: 20,833
📉 Swing Levels
Swing High: 21,311
Swing Low: 21,228
💼 Intraday Buy Trade Setup
🔹 Entry Price: ✨ 21,074
🔹 Stop Loss: ❌ 20,967
🔹 Take Profit 1: 🎯 21,228
🔹 Take Profit 2: 🎯 21,402
📌 Reason for Entry:
Since 21,074 is below Support 1, a buy trade is triggered. The Stop Loss is set at 20,967, and the first target is 21,228, followed by 21,402.
💼 Intraday Sell Trade Setup
🔹 Entry Price: ✨ 21,289
🔹 Stop Loss: ❌ 21,854
🔹 Take Profit 1: 🎯 21,228
🔹 Take Profit 2: 🎯 21,050
📌 Reason for Entry:
Since 21,289 is above Support 1, a sell trade is triggered. The Stop Loss is set at 21,854, and the first target is 21,228, followed by 21,050.
💡 Summary
NASDAQ is currently trading at 21,260.
Resistance Levels: 21,854, 21,988, 22,203
Support Levels: 21,050, 20,967, 20,833
Swing High: 21,311
Swing Low: 21,228
Intraday Buy: Enter at 21,074, targets 21,228 and 21,402.
Intraday Sell: Enter at 21,289, targets 21,228 and 21,050.
US100 - Levels for week commencing 23/12/24
NDQ Destiny-2002 Shivsaransh1 vimal_parwal73 Auberstrategy, have a great weekend ahead, and wow bunch of best friends roaming around here, great to see this,
NAS100 when trading view removed the thumbs down? bad move
NAS100 ok have a wonderful Christmas folks thats my present to you all over 1200 points in a day... Please dont forget to donate 10% to the homeless or poor.. Have a wonderful break.. Goodnight.. Closing all shorts.. Perhaps a tad early.. But enough is enough
US100 closing shorts with 200 points gain Weekly closing below 21371 is good for sellers
NAS100USD going down again.. Releasing longs.. But its up you now to make your judgement call.. But it will need to be hedge again later perhaps..