Somehow a lots of traders are very Bearish and it makes me think I should go Bullish. I believe we gonna fill the gap from March and make new highs to form a bigger megaphone pattern! Good luck Trading guys!
even if this hold this level today or this week doesnt mean it will go up higher. it only means it takes longer to drop further. it doesnt make any sense if it can make new high. of course FED can put their fingers in the market again and then because of that they can make a big selloff anytime too. no strong fundamental is still the true. it tooks 3 weeks to gain that much but needed only 3 days to wide all the gain already proved it
avka81
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@tuongvy0501, What makes you think we are gonna Crash? If we gonna crash we would have done it by now. I think we will but it’s not gonna be around October-March. It’s Stock inflation we are witnessing! Have you noticed your grocery bills etc. Also that gap is too close not to be filled.
tuongvy0501
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@avka81, cant write the long message to explain. keep your target and go long. mine is 160-180 or at least 270 for short term
avka81
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@tuongvy0501, We will get there but not this month or next! Easy on the puts. I've learned my lesson not listening to the market. Remember Market is always right. We might sell off a little but not to 2700.
tuongvy0501
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@avka81, nope. Will not take long to see 272 again. But as i said do what you want. It may bounce from 285 but also will reach 272 again. Just see how it took only 4 days to drop from 323 to 292 (low of future today). Its 31 point. Its only 20 point to reach 272 from 292