The big bull trap
This is a continuation chart for our first successful chart:
My experience in bear markets allows me to trade the stock bear market with ease. We had our first prediction correct amidst all the "bullish" news on tv, trying to sucker you into buying.
I have new fundamentals to back this bear, just look at how the banks are reacting. Lots of "lock your money and get higher dividends" offers are showing up.
This is a bear market, and treat it as such.
That being said, we can profit and go long towards the resistance, where we will open a really big short.
Easy money, but not for the fools.
My experience in bear markets allows me to trade the stock bear market with ease. We had our first prediction correct amidst all the "bullish" news on tv, trying to sucker you into buying.
I have new fundamentals to back this bear, just look at how the banks are reacting. Lots of "lock your money and get higher dividends" offers are showing up.
This is a bear market, and treat it as such.
That being said, we can profit and go long towards the resistance, where we will open a really big short.
Easy money, but not for the fools.
Note
Forgot the timeframes, I forgot I had the weekly chart on.I am resonating in terms of daily.
Note
We're getting closer to our target to short at around 2600
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Disclaimer
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.