How is everyone doing with the washout this week? What will next week be like?
My thoughts this week have been seen all over the internet, it's simply a divine operation! Just like a pregnant woman eating less meat, steady investment!
At 108,000, I told everyone not to chase, waiting for the bears to crash. At 105,000, I reminded everyone to short directly, targeting 100,000. When it dropped to 100,000, I then told everyone to short again when it rebounded to 102,600. It dropped to 95,700, and I quickly advised everyone to bottom fish, and as a result, it rebounded quite a bit! At 97,000, I advised everyone to be cautious while shorting.
Ask yourself, have these strategies and suggestions helped you avoid a lot of detours?
Next week's market, the big cotton is going to wash out again, welcoming the Christmas holidays. Every holiday season, there’s usually a big drop, and this time I see no exception. The major drop at the daily level has already passed, breaking support and washing away a lot of long positions. Friday’s reversal also flushed out those who chased shorts.
On Saturday, it rebounded to a maximum of 99,000, this position is the watershed. Next, I still see it dropping to 88,000, the larger downtrend remains unchanged.
In this kind of washout market, everyone should be careful, play with light positions, don’t resist hard, don’t average down, and think long-term. The year-end market brings both opportunities and risks; those who can hold on are the winners, while those who can’t might get trapped. I will share my thoughts every day, if you can’t do well on your own, just follow my ideas!
For the upcoming layout direction, I will guide everyone to aim for the lucrative opportunities in the shanzhai (counterfeit) projects, especially those with great potential. An expected space of over 10 times is not a problem. If you want to make big money in a bull market, like + leave a message, and I will take you through the entire bull market!