Investors should exercise caution in response to recent war news and technical indicators showing that the Nasdaq is currently at a significant resistance level. This situation suggests a potential downward movement. There is a possibility that the market may open with a significant gap. It's advised to avoid entering any long positions at this time. Any rise in prices should be viewed as an opportunity to consider short positions. Based on current trends and technical analysis, we believe the market could face a substantial drop. Therefore, this week, we are primarily looking for setups conducive to short selling.
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