When I look at the market for this year I start to see a trend. The biggest sell offs are usually on the last month of each Quarter. March, June, and September. Will this trend continue for this month? It is still a bit early to say but if this trend remains consistent we will see a massive sell-off by next week as early as tuesday or wednesday.
We also see that the volume is beginning to weaken. However, This can also indicate a consolidation and preparation for a massive push up before a sell off. regardless in my opinion we are heading for a big correction. Spy is near the top and I am starting to see a triple top on spy. I will be placing a few short positions right now but in case i entered to early I will be cutting losses around 375 and analyze further to time a better set up to short. usually I am not bearish but this market is just super ridiculous and way over hyped with the news. This is not advice only what I see and what I plan to do. I am entering put contracts expiring next year. If the market will get corrected it will either be this month or as early as next month January.
We also see that the volume is beginning to weaken. However, This can also indicate a consolidation and preparation for a massive push up before a sell off. regardless in my opinion we are heading for a big correction. Spy is near the top and I am starting to see a triple top on spy. I will be placing a few short positions right now but in case i entered to early I will be cutting losses around 375 and analyze further to time a better set up to short. usually I am not bearish but this market is just super ridiculous and way over hyped with the news. This is not advice only what I see and what I plan to do. I am entering put contracts expiring next year. If the market will get corrected it will either be this month or as early as next month January.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。