let's all just inflation and chill,
---
if the bullish fractal fails to hold, here's the bear case.
a move down to around 3700 before some kind of bottom is created.
could happen right into opex next week.
now i absolutely have my doubts about the bear case, given the amount of puts in the market, but anything is possible - so expect the unexpected.
---
i mentioned last night, that if inflation came back hot, i was expecting a move down to 3940, and we got just that.
so this is the key area here, make or break.
---
i'm still semi optimistic about the bull case, but not really attached to it.
remember, risk management is #1 in this market. not every trade will go in your direction, so it is key to use correct position sizes, as well as identify losing trades early on to exit them for a minimal loss.
---
if the bullish fractal fails to hold, here's the bear case.
a move down to around 3700 before some kind of bottom is created.
could happen right into opex next week.
now i absolutely have my doubts about the bear case, given the amount of puts in the market, but anything is possible - so expect the unexpected.
---
i mentioned last night, that if inflation came back hot, i was expecting a move down to 3940, and we got just that.
so this is the key area here, make or break.
---
i'm still semi optimistic about the bull case, but not really attached to it.
remember, risk management is #1 in this market. not every trade will go in your direction, so it is key to use correct position sizes, as well as identify losing trades early on to exit them for a minimal loss.
הערה:
this lowkey remains to be my primary case.
