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I've been focusing on a rebound rather than a reversal lately, so the key is where the rebound will reach. We initially predicted 85, but no one can pinpoint the exact point. The crucial factor is to act based on your own expectations and risk management. From a trading and cyclical perspective, there might be another significant correction, which would also be an excellent last buy the dips opportunity. Currently, the triggering factors might be the pullback in US stocks from their historical highs, a decline in risk assets, runaway oil prices, and alarming inflation data leading the Federal Reserve to abandon rate cuts and even consider raising rates. My long-term investment outlook is optimistic, while short-term risk management is essential.
It all depends on whether to complete a liquidity hunt for the previous interval high at 76K,
or to go fill the imbalance zone from the previous 80~81K:

貝格先生
@market_beggar
04-20
"Has the Structural Top Arrived?" Two Possible Trend Scenarios 📜
In the previous analysis post (quoted below), from the perspective of Liquidity distribution,
I had a detailed chat with everyone about the "bearish bias in the current large-scale oscillation structure."
Forhttps://x.com/market_beggar/status/2044955869310587127…https://x.com/market_beggar/status/2036621311276179466…https://x.com/market_beggar/status/2033359397079101623…https://x.com/market_beggar/status/2044595011275358565…https://x.com/market_beggar/status/2039520087422689579…

Originally looking at 85,000, but take profits anytime based on the situation—specifically around 85,000 or so doesn't really matter anymore.
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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