Clement_X10

Stop shorting and protect your capital

DJ:DJI   Indice Dow Jones Industriel Moyen
Kindly reminder : as a trader, protect your capital must be your priority

On the social networks, i see many people shorting the SP500 , DJI and co. Please, stop it for the moment. PS : stop shorting doesn't mean you must long ;)

Many people are trying to predict the next leg down. OK, we can see bearish divergences but what more ? In a strong trend, indicators are not so relevant...

Just follow the trend, which is easier than predict something. In this case, I use the Guppy :
- On the daily, traders are above investors = bullish
- On the H4, traders are above investors = bullish
- On the H1, traders are above investors = bullish

In all these time frames, the first EMA is bellow the price = bullish .

My conclusion : We are in a strong bullish trend , maybe I will consider to short if traders are bellow investors in the H4 at least. If you want to short, why not because we are near resistences but you must wait a signal !

Clément

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