My last prediction was to sell at 8.4k and wait for a buy opportunity.
This call played out well, selling at 8.4k was definitely a good move. Now the next move is to wait for 6.5k area (strong support), buy and and wait for the bounce towards 8k area (conservative target).
(Stop loss: 5.9k).
This call played out well, selling at 8.4k was definitely a good move. Now the next move is to wait for 6.5k area (strong support), buy and and wait for the bounce towards 8k area (conservative target).
(Stop loss: 5.9k).
I could have sworn I saw a $7.5K buy signal earlier.
Anyway the bulls got slaughtered today. I thought there was a slight possibility of seeing the 200-week MA, but not today, not before a bounce. That was a single 30-minute candle from the $7,300s to the $5,500s just now. Brutal! Glad I was not margin long but I'm bag holding now on some earlier dip buys.
What now?
