Dow Jones US Stock Market (Is US-China trade deal over?)
View On Dow Jones US Stock Market (23 June 2020)
Is US-China trade deal over?
It doesn't really matter. Market Makers will eat retail traders anyway.
Why? It is because retail traders usually buy into a pipe dream such as 1:5 Risk: Reward ratio with 30 pips SL in the hope to get 150 pips TP.
This is exactly just happened. The Market just made a blip on the early Asian session to eat both long and short positions with tight stop loss (SL).
The Morale of the story: Always Watch You Risk Management and Trade Expectation.
As for Dow Jones, I see 25k as good support while 26300 as a good resistant.
We shall see more movement as the week develops.
Let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Is US-China trade deal over?
It doesn't really matter. Market Makers will eat retail traders anyway.
Why? It is because retail traders usually buy into a pipe dream such as 1:5 Risk: Reward ratio with 30 pips SL in the hope to get 150 pips TP.
This is exactly just happened. The Market just made a blip on the early Asian session to eat both long and short positions with tight stop loss (SL).
The Morale of the story: Always Watch You Risk Management and Trade Expectation.
As for Dow Jones, I see 25k as good support while 26300 as a good resistant.
We shall see more movement as the week develops.
Let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Commento:
View On Dow Jones US Stock Market (9 JULY 2020)
Dow Jones is in the sideway mood but at the same time, it fails to fail the strong support region of 25,690-25,800.
So, as long as that region is not broken, we shouldn't be in the bearish mode, just yet.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Dow Jones is in the sideway mood but at the same time, it fails to fail the strong support region of 25,690-25,800.
So, as long as that region is not broken, we shouldn't be in the bearish mode, just yet.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Commento:
Updated View On Dow Jones US Stock Market (15 JULY 2020)
It is hit our expected reached region of 26,500 and it is not advisable to stay on the short side as long as, it does not able to break the strong support region of 25,500.
27,600 could be next.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
It is hit our expected reached region of 26,500 and it is not advisable to stay on the short side as long as, it does not able to break the strong support region of 25,500.
27,600 could be next.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Commento:
View On Dow Jones US Stock Market (28 JULY 2020)
What caused the big stock rally from March 2020 to July 2020?
The answer is simple. Unprecedented Flooding of freshly baked dollar.
3 trillion with the "T" to be exact.
But things starts to slow down from June 10.
The flood water/dollar get sucked out by 200 billion dollar for the past 5 weeks.
It can have a negative impact on the rise of stock market. So, we may be seeing a decent pullback toward 26,000 region.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
What caused the big stock rally from March 2020 to July 2020?
The answer is simple. Unprecedented Flooding of freshly baked dollar.
3 trillion with the "T" to be exact.
But things starts to slow down from June 10.
The flood water/dollar get sucked out by 200 billion dollar for the past 5 weeks.
It can have a negative impact on the rise of stock market. So, we may be seeing a decent pullback toward 26,000 region.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
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US stock market failed to break down from the strong support region "so far".
So if you want to short the index, it is better to wait it out from the strong sing levels such as 26,500 regions or 27,600 regions.
Let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!