The economy is going through a adjusted period right now, generally speaking, the weakness of the market is highly likely to last for at least couple couple until next year. Although the global economy might boost by the advancement of new technology and artificial intelligence, the short-term recession is inevitable.
Now we have two options to go, it depends on the answer provided by market. If it chooses to rebound to the top, we wait until the it reaches the resistance zone and we short it. If it continues to fall, we need to wait it to rebound to test what previous the support zone but now the resistance zone, then short it. Anyone who already be in a short position, don't...
If want to long, using smaller time frame to long, be patient, once the price reach the top resistance area, short it!.
The price is rebounding now, wait, until it reach the top resistance area, then short, it could take couple times to repeatedly test the resistance area. Calculate your risk. Money is on its way, ready to open your pocket to take it.
Be patient, wait until the second test (white arrow) then to short. Or simply exit long position. NVDA have a good fundamental background and the prospect of microchip industry is booming now.
Wait, whenever, it rebound to the resistance level, short it!
Leave the long position for aapl if short, in a light position. Apple have a good fundamental picture.
Best risk-reward ratio now. A very good chance to short.
The inflation is going to bloom. The US reserved oil is depleted and once the government trying to refill it, the price will keep going up. If you already have the position for crude oil, hold it and don't short. If you haven't enter the market. The opportunity is approaching. Waiting patient when it touches the base line, then long it. Wait for it when withdraw back.
If already have the position of Gold, hold it, don't sell it, nor short it. It would be a stressing period before Gold jump high again. Follow the trend. See weekly chart.
Large institutional buyer is waiting and absorbing in the position now. DO not to buy or short. Be patient and watch out. Always manage your risk level.
The nice chance to short the market, holding the short position until the March of 2024. Manage your risk. September 15, 2023, the UAW strike could be the historical day of the beginning recession. The fed is dead now. Stagnation.
November 26th, 2020 risk 2.05%, stop loss 50pip short 10000 share, margin 35$-1000share don't think too much the rule always simple stick to the level, and wait
If Biden really be the president, the economy will fall, while the power of USD will decrease. But since the result is still non sure even though China has officially congrated Biden, we use hedging this time. NZD is more fluctuate than EUR in uptrend.
Double butterfly, Might be the second crash after the pandemic. Sell the stock in your hands, right now!!!!