📊 Result of Yesterday’s Trading Strategy
The break of the upward support trendline triggered a sharp drop, delivering solid profits even before the U.S. session opened.
With 1 contract, this setup yielded approximately $2,000 profit, making for an early finish to the day.
📉 Current NASDAQ Situation
The Nasdaq is on the verge of breaking below the ascending trendline.
Even though it pretends to rise, it consistently gets pushed down — suggesting the bullish momentum is close to being exhausted.
Thus, I will not consider long positions today and will continue to approach the market conservatively.
Today's trading strategy:
If 21112 is broken downward, it will likely enter a corrective phase.
If that happens, I plan to continue shorting with targets down to 20827~20667.
🎯 The target range is wide because if a sharp drop does occur, the strength behind it may lead to a deeper correction, making it worth holding for the extended target.
✅ Conclusion
• It's better to focus on short strategies rather than long positions for now.
• To enjoy the weekend, taking the day off from trading might also be a smart move today.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.