A new week has begun
Let's talk about personal views on today's market situation
Looking back at last week's New Year's Day live broadcast, the short position at 943-951 has indeed been trapped. Fortunately, using the method of scaling in and out, I managed to raise the average price to around 977. Yesterday, it was a small loss to exit, and this wave was indeed a bit painful, time wasted, and I didn't earn much 😵💫
From the market perspective
The four-hour level has already stabilized above the 977 position, and the downtrend can be considered over. Currently, it certainly favors the bulls, but it doesn't mean we can't short; rather, we need to find the key levels. If we still want to short, we can use the previous high point of 99900 to set stop-loss for the shorts. I would suggest being more optimistic about the 10900 level.
In terms of data
Currently, the long-short ratio over 24 hours is 50.69%:49.31%. Many are betting on the market with Trump coming to power; the time is nearing. It is advised to gradually liquidate long positions before the 15th. I will wait for opportunities to enter shorts.
Let's take a look at the situation after the US stock market opens. There's nothing much else to say, and the broadcast time remains the same. Remember to follow me at 22:40 tonight, see you there.