The fifth wave is the most fascinating yet the most deadly! Has SPX reached its previous high, is it time for bears to make their appearance?
Key point: This article is not to encourage short selling, but to remind of the risks! A reversal is the least probable event, and shorts currently have not gained any advantage. Waiting for certainty is the best approach!
The recent SPX has finally ground its way to the previous high.![]()
If trading intraday, there should be a shared feeling:
If trading intraday, there should be a shared feeling:
Want to short, but hesitate;
Going long, but hesitating;
Every Candlestick is 'shaking' people.
Only the old masters at the scalp level can really profit.
Have you been repeatedly stopping out recently?![]()
Recently, the market is a bit Bored., but this is precisely the most dangerous and noteworthy time to observe.
Because many significant market movements , often quietly brew during moments of "boredom".It has come out.
Because many significant market movements , often quietly brew during moments of "boredom".It has come out.
Today, let's briefly review the overall market.
Talk about astructural understanding.——
If you have studied technical analysis, you may have heard.Wave Theory，
Talk about astructural understanding.——
If you have studied technical analysis, you may have heard.Wave Theory，
The market's rise is often a type of "emotional cycle."
A common "five-wave structure" looks like this:
1️⃣ Wave 1: Just starting to rise, nobody believes it, only a few prophets have entered the market.
2️⃣ Wave 2: A reversal drop washes out the timid.
3️⃣ Wave 3: News is fermenting, confidence is strengthening, the bulls are at their craziest.
4️⃣ Wave 4: After a lot of increases, there is volatility, and some people are beginning to have disagreements.
5️⃣ Wave 5: The final sprint, retail investors "all in", but the momentum has already been overdrawn.
2️⃣ Wave 2: A reversal drop washes out the timid.
3️⃣ Wave 3: News is fermenting, confidence is strengthening, the bulls are at their craziest.
4️⃣ Wave 4: After a lot of increases, there is volatility, and some people are beginning to have disagreements.
5️⃣ Wave 5: The final sprint, retail investors "all in", but the momentum has already been overdrawn.
At this point, our ancestors actually explained it clearly 2,500 years ago:
"With one vigorous effort, it weakens in the second push, and is exhausted in the third." — Zuo Zhuan
Waves 1 and 3 are.Charge forward in one go.，
The fifth wave seems to be reaching a new high, but it is actually the time when momentum is "exhausted."
After that,Often, it is a three-wave decline.It is calledthe ABC structure.，
Specifically targeting greedy and sluggish traders.
The fifth wave seems to be reaching a new high, but it is actually the time when momentum is "exhausted."
After that,Often, it is a three-wave decline.It is calledthe ABC structure.，
Specifically targeting greedy and sluggish traders.
Do you think the rise is about to end.
$SPY 250919 550.00P$ Anyway, I entered a portion of short positions yesterday and made a stop-loss plan, how about you?
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Sherry111
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大部分持仓睡之前会平仓，
喜欢抱着现金睡觉💤
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Amidst the uncertain outlook of the trade war and escalating concerns about an economic recession, gold prices have repeatedly reached new highs this year, at one point surpassing $3,500 per ounce. This marks an almost 30% increase since the beginning of the year. For investors in U.S. equities, investing in gold mining stocks represents a significant opportunity to ride this wave. Amidst the uncertain outlook of the trade war and escalating concerns about an economic recession, gold prices have repeatedly reached new highs this year, at one point surpassing $3,500 per ounce. This marks an almost 30% increase since the beginning of the year. For investors in U.S. equities, investing in gold mining stocks represents a significant opportunity to ride this wave.
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Gold has rebounded to $3,300! It's time to get on board?
🎙️ Discussion: 1. Has it $Gold Futures (AUG5) (GCmain.US)$ rebounded to $3,300? Will the short-term trend continue to rise? 2. What factors
Options Newsman
May 6 20:45
S&P 500's Put/Call Ratio Hits 5-Year Low: Fear Fades and Bottom Near?
696999 : $Circle (CRCL.US)$Sherry, I would like to know what your opinion is on the circle.
Sherry111 OP 696999 : I look at the Candlestick charts. The number of Candlesticks he has now is still not as many as my fingers. How can that be analyzed.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
696999 Sherry111 OP : Hahahahahaha, okay.
WinPio : Thank you for the explanation, sister.
PA_ : Recently started paying attention to the teacher and learned a lot from your articles. Hope the teacher continues to update diligently.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
多么痛的领悟 : I have also learned a lot, grateful to Share
Sherry111 OP PA_ : No, no, no, I cannot be called 'teacher'.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
I am still on the learning journey, just call me Sherry.
74863856 : So is the overall horizontal consolidation leaning towards bearish today?
WinPio : learning to be more patience and to observant. Sherry, you bought a put option 19 Sept at 550, this is pretty scary... which is almost a 10% tank
小鱼26 : Beautiful sister, I would like to hear the analysis of Apple.
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