- Inflation is still high (check) - Rates keep increasing. (check) - bear market rally (check)
Keep shorts, reduce leverage, and short every spike. The first target of 12.000 ish is soon to print. Next would be a bear market rally, then we are vomiting again.
If you look at what happened at NASDAQ nordic, we got a flash crash because one market participant accidentally sold all positions at once. It reversed back quickly, but it gave an indication of what is about to come. This means that market participants are selling positions quietly, but accidentally revealing themselves.
I take this as a clear indication of market participants positioning themselves to reduce their holdings, while retail buys up.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.