Congratulation to our stakeholder, this might not be a cheerful moment for most of Wall Street but it's definitely a great night trading for all of us. The selling news is actually what we are seeing, and It is very likely not the end of that yet. However, I mentioned to you all that all the high hope and uncertainty are all reason for the market to rise. This means the market is still possible to recover until the final call out earning on 28th July, which is 2 weeks away from now.
Hence, I'm not surprising if the market will recover back on to 14884 levels again - where a massive supply level is set to dump again - but what we are aiming at is the final destination, which has already been set out for at 14463.2, and eventually, 14078.4. Then, we could have a nice entry as well as a nice reason to start open our long position then.
have a great restful weekend, cheers.
Prof P
Hence, I'm not surprising if the market will recover back on to 14884 levels again - where a massive supply level is set to dump again - but what we are aiming at is the final destination, which has already been set out for at 14463.2, and eventually, 14078.4. Then, we could have a nice entry as well as a nice reason to start open our long position then.
have a great restful weekend, cheers.
Prof P
