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Still watching 2300?
After it rose back above 2300 again in the morning, it failed to hold steady, proving that the sentiment support at 2300 has already failed. Even with a giant whale supporting the market, it still drifted lower for the whole day. The smart money also saw that whale that chased the rally around 2400, but it’s still trapped. Will the market makers let them exit safely? With the US stock market about to open, and the outcome of tomorrow’s Federal Reserve rate-cut meeting affecting retail traders’ judgment, the amount of buy orders has decreased.
Therefore, on February 7, I chose to enter a short position with the pink line at 2276, targeting 2210-2205.
I’ve already shared the February 7 plan with you all—what’s left is for you to take action. In this kind of market, most of the market’s broad crowd of retail traders are trying to expand their positions, and the most troublesome thing my followers face every day is how to safely withdraw funds. The next layout is underway—if you’re confident, come join us.
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