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Friday’s target is very clear—reminding everyone to short at the top of the 4-hour channel around 78,000-78,500. And we’ve already warned everyone not to get carried away and chase long positions. The market is currently falling really smoothly; the 2,000-point downside space has already been given. And since the circuit breaker was already pulled on Saturday, there’s really no need to say more after that!
The market trend and indicator signals are all looking downward, and even the news is short-term bearish. So to the players who shorted at the highest point, I hope you stay firm in holding! For those who are trapped in short positions below, don’t be in a hurry—everything is developing in a better direction!
Right now, the market has already filled the EMA gap above. Going forward, the overall market will keep carrying out that one leg of weekly decline. So the future plan is: short! Short on pullbacks! Do short!
That’s all for Saturday. Still, I wish you all big profits, brothers! My short positions are still being held: #GatePreIPOs首发SpaceX