Traded another $4,163,774 USD down the market last evening with so much confidence even though the market went ranging up/down without a clear direction. The CPI data is coming out this coming Thursday and one should be super wary of it because it might smash the Nasdaq down or lift the market higher with higher stock prices too. Looking at the chart, I am not very sure but I saw the Nasdaq touched the supply zone with some heavy sellers emerging which one should be absolute cautious. Well, a quick fast lasts evening to protect my capital is always a blessing. $$ in pocket is never a wrong thing to start with.
Disclaimer: The purpose of this blog is not intended to induce or promote any insider trading or manipulation activity. This blog is created for the sole purpose of education, discussion and knowledge sharing. All charts and information can be obtained freely from the public internet. All analysis are based on my own personal view and years of experience. It should not be used as a decision to solicit buy/sell activity. Use all information at your own discretion and practice due diligence.
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Tuesday, August 8, 2023
Ron K - 5 Minute Supply Zones Touched, CPI Data Wary
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