Heist_FlyZ

The only direction is down

Kort
CME_MINI:NQ1!   NASDAQ 100 E-mini terminer
The market is in a very shaky state, but individual stocks are still doing quite well (mainly from the health and energy sectors). But as for the technology sector... everything is terrible here and most likely it will continue for almost the entire current year, with small breaks for growth. There are 0 reasons for the stock market go up and about a dozen to go down. You can try enter short position anywhere between 14000-15000, with a SL which suits ur strategy. First TP will be @ 12000, but ideally the index should come back down to 10000-8000. When will it happen? No one knows. But all I know is that the reports for most tech companies are going to be terrible. This is especially true for large technology companies (especially AMD, Nvidia, Adobe, Facebook). So brace yourself for further decline and hedge your position through options/futures.
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