2:24pm
a chart drawn back in early May. It’s my 2nd choice at the time, but market seems like this one. bear’s happy hour is here… :)
when you look at charts, pay attention to levels. there are different time levels in the market. also begin from large time frame and zoom in down to 5min/1min time frame. or you lost the big picture.
Even the chart below can only be regarded as mid level. large level has to be on the monthly basis, if not yearly.
1:34pm
it even disappoints me as a bear. expect bull give another try before fade from here.
12:17pm
market is really weak. it may push above 93 region, but i am building short positions slowly here. Also today is the OE day, some of my friends are playing options expired today. Sounds like there’s 10x, 20x opps everywhere, but i won’t try that…
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