6.26 options expiration—once today passes, the market pressure will be released. Starting tomorrow, there’s no need to keep taking shorts. Once this month’s low is established, if you take a short at the beginning of the pullback, that short will be the bottom for next month; then a short-term short will be locked in at low levels. This low-buy long must be a mid-term trend trade—so taking another short must be appropriate only at the tail end of this rebound’s large swing, when the rebound wave is reaching its end.



The portion below 59000 belongs to the latter half of the weekly chart’s 5th wave (82828-A). A is the low point that will be formed tonight. This low point is also the takeoff point of July’s rebound wave (weekly chart’s 6th wave). So tonight is the key—stay fully focused and take a bottom at it.
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments