Given that the uptrend structure has not been completely destroyed, I'll acknowledge the 5% possibility of going to 2600. Then opening short positions is simple for me—95% is a downtrend. Unfortunately, it's not my market to control. Many scenario experts might be too hasty. I don't know why either, maybe they have other information.
I said that day if the market were mine, I'd definitely make a range at 2200, then push to 2400 and break through. But the market came straight up, so at that time I said I wasn't expecting 2400 anymore. Eventually, 2388 ran out of steam, and I went short directly at 2365.
Even today around 2330, there could be a fake breakout, touching 2400, sweeping out high-leverage contracts and some smart traders' stop losses before falling again. So it's just a pity it's not my market to control.
Given that the uptrend structure has not been completely destroyed, I'll acknowledge the 5% possibility of going to 2600. Then opening short positions is simple for me—95% is a downtrend. Unfortunately, it's not my market to control. Many scenario experts might be too hasty. I don't know why either, maybe they have other information.
I said that day if the market were mine, I'd definitely make a range at 2200, then push to 2400 and break through. But the market came straight up, so at that time I said I wasn't expecting 2400 anymore. Eventually, 2388 ran out of steam, and I went short directly at 2365.
Even today around 2330, there could be a fake breakout, touching 2400, sweeping out high-leverage contracts and some smart traders' stop losses before falling again. So it's just a pity it's not my market to control.