Short week ahead! Its the xmas week! Do we get a short squee...
Short week ahead! Its the xmas week! Do we get a short squeeze like many have been waiting for?!
Base off technicals, we do get a relief rally coming next week. Also base off theory of why we usually get a rally on xmas because instituitions want to close off their books before the holidays. Shorts will be covering to book in profits to close the year. The downtrend should continue in early 2023!
More technical analysis shared in the video for various stocks tagged in this post!
Catch them now and stay prepared for 2023! It has been a great 2022 and it turned out exactly how I told you guys it would since 2021 Dec. Volatility and a big crash!
Im still excited for what is to come in 2023!
Lastly, Merry Christmas to all of you!
As always, Trade safe & invest wise!
Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos!www.youtube.com/c/investing101channel
$CBOE Volatility S&P 500 Index(.VIX.US$ $ProShares Ultra VIX Short-Term Futures ETF(UVXY.US$ $E-mini S&P 500 Futures(JUN4)(ESmain.US$ $E-mini S&P 500 Futures(JUN4)(ESmain.US$ $S&P 500 Index(.SPX.US$ $NASDAQ 100 Index(.NDX.US$ $Invesco QQQ Trust(QQQ.US$ $SPDR S&P 500 ETF(SPY.US$ $Tesla(TSLA.US$ $Apple(AAPL.US$ $NVIDIA(NVDA.US$ $Advanced Micro Devices(AMD.US$ $Alibaba(BABA.US$
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Silverbat : Thanks for 2022 predictions. Beyong naked short calls on indecies and leading tech stocks, what else you suggest? What if unexpected reversal of Tesla, due to new giga factories, new models, CT and Semi mass productions, Shanghai fab. expansion for Model 2X, etc? What would be the high tecnhinically in 2023, if hit 90 this week?
102640653 : Merry Xmas. I’m looking for levels on Nasdaq at 10150-10200 on the downside . If doesn’t hold 9750-9800 is stronger support .as for slibaba looking at around 72-73 usd further is around 68plus . Tesla looking at 98usd to be coming soon . My market marker for trend reversal will be Netflix this time round . Once see Netflix started buying up I will change my position to longs. If not wrong this will happen in between
102640653 : First week or second week will be time where the market might experience huge selling in search of a bottom or a base where we start some sort of buy up. Looking at the volume a lot of shorts r being place in 3rd week of December