Friday, December 21, 2018

Dow Jones - $7266 Profits



The market as I mentioned earlier crashed and it continued to suffer heavy selling. So happy to see this $7266 profits again while having a holiday mode. Actually, the best strategy now is really intraday to short term trading because of the volatility. See the 5 minute chart with floor and ceiling drawn and use that to your trading advantage to form your trading plan. The bearish sentiment bar is the most crucial bar that will protect your shorts if you shorted 1-2 days back. It formed a heavy selling zone so as you know.

Remember while everyone is having their holiday and tune down mode, you elevate your game and work hard to take advantage of this volatility so that when the volatility mode is off and while the holiday season is over, that's where you shall take a longer break to relax and enjoy yourself. The decision you make today will decide where you go in the future.

Ronald K - Market Psychologist - A Stock Market Opportunist