dow short position coming close

18 août 2020

as i stated before , i believe this had to go to high 28000-29000 before a moment will arise, the way that this structure is playing out i believe with the amount of heavy gambling that has been fueling this market ( literally gambling , since no sports have been on to bet on , gamblers have found their way to a variety of markets) we will see a touch to 29000 then followed by a false break out, now i'm not going to bank on the false breakout , but i will be looking to start to short positions around that high 28000's and dollar cost average in if the bull market progresses. Follow the black lines down to get trades off of and bounces, do not get attached to the stuff you hold , be emotionless towards your positions and believe in the process. catching the top or bottom of any rally is complete luck, the goal of trading is to manage the risk associated with your positions.

good luck all , and take care when the mess truley hits assets ,not just stocks , it will most likely be all assets , and the dollar will explode in value as an artificial temporary extreme demand for dollars will be created by a selloff - will then be proceeded by extreme buying of most likely commodity based assets - mining - agriculture - fisheries - water.. etc , if you want to buy something now i'd think twice before committing on that purchase.

- not financial advice just my opinions and my personal strategy moving forward - if anyone has benefited off my charts thus far congrats i hope to be more active and provide more detailed charts in the coming future.

27 août 2020

Note

very close now, began entering positions - DXY big moves over night.