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It's the end of the month again! Will it rise or fall this week?
The reason I haven't posted in the past few days is because I have been gathering all the news, technical analysis, the escalation of the Russia-Ukraine situation, conflicts in the Middle East, various viewpoints and analyses, and uncontrollable factors, etc.… I have reviewed everything multiple times and compiled it all together for thorough research, and only after in-depth analysis did I post this message to help you clearly see the market trends for this week!
First, let’s talk about the conclusion: the upcoming week, being the end of the month, is definitely a week of major divergence. What does a major divergence day mean? It means the battle between the bulls and the bears will be very intense! Why do I say this? Throughout the weekend, there has been no clear bearish or bullish news, and all investors are busy analyzing that on the 22nd we are just a few hundred points away from breaking new highs again. There are all kinds of opinions, some seeing 150,000, while others predicting a drop below 80,000.
In summary, I believe neither of these predictions is reliable. I think we will experience wide fluctuations, oscillating in the range of 94,500 to 99,000. Therefore, my conclusion and strategy is: go long at 94,500-95,000, and go short at 98,500-99,000. This week we can expect at least three oscillations back and forth, and if you can catch these three oscillations, you can make a significant profit! Let's wait and see!