Unless you have been hiding in the rocks, most people would know what President Trump has done to the world at large. The social media is full of half truth, fake news and sensational news, to the advantage/motives of certain groups of people. That is why you always read it with a large dosage of salt, laugh it off and do your own critical thinking.
I know is hard, afterall, this has not happened before, at least not in the presidency of US government thus far. Most of us feel like stepping onto quick sand, a wrong move could land you much deeper than you were previously. Seeing your portfolio growing from nice chunks of profits to bloody red , oh my God ! Yes, on hindsight, we wish we could have listened to the wise guru, Warren Buffett.
Let's not get too far ahead and stay calm in this turmoil, volatile time. Deep breath........
And definitely do not lose sleep over money, health and family is more important !
Here, in the SPX 500 index, we are at a precarious position. After the 90 days pause, the market rally up but the fear remains and yesterday market proves itself. So, the first line of defence is the bullish trend line. If this breaks, then we are heading to the yellow support line. Now, this is no ordinary line, it is the weekly 200EMA indicator where in the past, each time it hits this level, the price action bounces up. Could President Trump knows TA, haha? Timing is near perfect !
Stay calm everyone ! Again, do not use margin to trade/invest no matter how attractive the market looks to you or you received a good tip from a friend. Stay with money you can afford to lose.
I know is hard, afterall, this has not happened before, at least not in the presidency of US government thus far. Most of us feel like stepping onto quick sand, a wrong move could land you much deeper than you were previously. Seeing your portfolio growing from nice chunks of profits to bloody red , oh my God ! Yes, on hindsight, we wish we could have listened to the wise guru, Warren Buffett.
Let's not get too far ahead and stay calm in this turmoil, volatile time. Deep breath........
And definitely do not lose sleep over money, health and family is more important !
Here, in the SPX 500 index, we are at a precarious position. After the 90 days pause, the market rally up but the fear remains and yesterday market proves itself. So, the first line of defence is the bullish trend line. If this breaks, then we are heading to the yellow support line. Now, this is no ordinary line, it is the weekly 200EMA indicator where in the past, each time it hits this level, the price action bounces up. Could President Trump knows TA, haha? Timing is near perfect !
Stay calm everyone ! Again, do not use margin to trade/invest no matter how attractive the market looks to you or you received a good tip from a friend. Stay with money you can afford to lose.
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.
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.