Tuesday, May 15, 2018

Dow Jones - Shorting During Asia Hours

Thw Dow futures is slowly tumbling down and the market suddenly turned bearish. While the Singapore market has not much movements, some of my Dow traders started shorting the Dow futures based on my outlook and most of them made $$ instantly. The Dow has hit some supply zone and the hidden sellers were pretty obvious in their distributing of the contracts where the Dow futures then collapsed like 80-100 points.

I am not sure if all locked in profits but for now, I think Dow hit some demand zone and it's best to wait for Europe to open and see first. Most locked in profits near bottom. Congrats!

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Ronald K - Market Psychologist - A Stock Market Opportunist