I just scanned last two days Mr. Panda, he is too good, doing everything manually based on EW. Whatever I am able to predict by using my own logic, he is appx able to make it with his 20 years of rough trading experience. At high level, he is right and I see he has long years of experience.
It is in sync with what I told 10 last week
If S&P closes above 4100, that is an issue for tomorrow itself as market behaves at DCB mode now.
Having some little fun ! Just hate selling TQQQ prematurely
The world is not coming to an end. News at 11
Market is always going winding way. Since I can spot multiple turns, I just buy bull side and bear sides often. This way, I try to add more cash for bigger bottom of the cycle. It also gives me learning curve.
Day before yesterday, I clearly spot market upside to 4100, but it went beyond my prediction. To firm up, I just bought QQQ and TQQQ, but when it reached 4100, I started selling it.
CG can not do this!
My only aim is to add cash and avoid taking losses ( at times of wrong step I cut short wIth losses ) .
Long term, say 6-9 months , I am still bearish until FED cuts rate or I see Circuit Breaker in stocks.
All I understand is MANCH’s slogan “Do not fight with FED”.
