After the market rebounded, has it reached the pressure level?
The market continued to rise today after a slight adjustment yesterday, and the major indexes rose across the board today. QQQ, for example, has closed six positive lines since it rebounded to 359.65, approaching the range of its strongest pressure level. After the market reaches this point, many short sellers will unexpectedly participate in shorting, so in this position we should pay attention to protect profits, gradually reduce positions, lock profits to leave. In the current closing position, I feel that it should not be aggressive to do long, do not short, simply stop and do not operate. At the same time, you should calm down and learn about stocks. I still concentrate on following the video of my mentor's reading notes to learn the legendary experience of Wall Street stock guru Jesse Livermore to increase my judgment and technical analysis ability. Friends who are interested in reading can search the financial and economic reading notes about Jesse Livermore on the Internet. I believe you will also have a lot of gains. Maybe I can find the mentor I follow!
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Chuan Zhao : Thanks for sharing!
肥肥DOTOM : Waiting for the direction of the market.
24077936 : The current market is still to learn psychological methods and wait patiently for the trend to be determined.
Mr RayLiang : It's possible to break through, but it's best not to go long at the pressure level.
Freide : Almost empty! It seems that I have reduced my position too fast. I'll learn at the weekend.