Tuesday Daily Trading Records and Midnight Operation Thoughts
Yesterday cleared the shorts, today cleared the longs, the market maker is jumping back and forth between long and short, even the old retail investors cannot escape the disaster. Three positions were set during the day, two wins and one loss, with a slight profit 🤏🏻
In the morning, I first publicly suggested waiting for a pullback to the 100500 area before entering again. The market indeed made a pullback as expected, and after taking profit on the short position, I reversed and entered at the 100800 line. As a result, the US stock market opened high and fell low in the evening, and the long position stopped out at the 99000 line. After the stop loss, there was a slight rebound at the 99200 line 🈳 and I took out a position, taking profit of over 1200 points.
In total, three positions were set during the day, two positions took profit of 2709 points, and one position had a stop loss of 1851 points.
Regarding the evening market, the intraday decline basically swallowed up yesterday's gains, and the K-line shows a painting door pattern. Since the painting door doesn't indicate a long position, I will first look for a continuation of the bearish trend in the evening. Additionally, the recent trend has generally not shown a reversal after a large market move during the evening US trading hours. First, pay attention to whether the support at the 96600 line is broken; this line is the dividing line for long and short positions. If it breaks, continue to short; if it doesn't break, just wait for a rebound.