Easy market but easy execution. With the Fed planning to cut interest rate 3 times in 2024, the market seemed to buy into the news with a stock market rally. The Nasdaq 100 is very high now at the line of sellers area but still the market seemed to have no signs of slowing down with underlying stocks trying to rally higher. There's going to come a time where the demand is going to get weak while heavy supply will emerge. I don't know when is it but I will continue to trade when necessary when the signal flashed out.
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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Monday, December 25, 2023
Nasdaq 100 - Traded High Price with Risk
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