New highs and new lows 👇
New highs: The energy sector is clearly gaining strength, while the rest of the trends are slowing down or stagnating;
New low: Excluding the energy category, almost everything else showed a worsening trend;
Overall aspect: The new high minus the new low showed a clear worsening trend.
On the other hand, over the past month, all indices showed obvious signs of weakness. Most individual stock breakthroughs showed a rapid decline in strength and beginning to fall. Although some individual stocks still have some strength, the intensity is average and not surprising;
From March to the end of the first week of April, there was almost no growth. The account was in a cycle of profit, return, profit, and return to the net value at the end of February. In addition to the objective factors of market weakness, I myself also had many shortcomings in many areas, such as position regulation and lack of quick response to the discovery of new trends. Regardless of the results, traders themselves are fully responsible for them.
Combining the data shown in all aspects above, it is beneficial for me to be careful and start a defensive posture. Keep watching and wait patiently for the next gust of wind 🚴🏻
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Ping983 : Have a nice weekend
Cherry Cat : My account is also profitable → return on repeat
, the account data is basically the same as in February
sTone83OP Cherry Cat: Prove we have something to improve
Cherry Cat sTone83OP: Agree! There's too much to learn.