we MIGHT have another opportunity to LONG, take a look!
Looks like we had a strong and real breakout. So we are looking to go long.
why long? all the governments of the world gave heavy and huge stimulus packages to help their people with the coronavirus and thus those money have to flow to somewhere ( the capital markets ) and right now everyone is super bearish. I have friends who are in floating loss shorting, but hoping that the market will major crash. so with these 2 factors, i am quite confident that the overall direction is UP.
I didnt have the time to post but i went long since 7000 dollars so I am in some good profit. but right now there might another LONG opportunity. lets hope this RED trendline holds. Its kinda weak but sometimes the train moves very fast and it doesnt really give you any chance to board it.
why long? all the governments of the world gave heavy and huge stimulus packages to help their people with the coronavirus and thus those money have to flow to somewhere ( the capital markets ) and right now everyone is super bearish. I have friends who are in floating loss shorting, but hoping that the market will major crash. so with these 2 factors, i am quite confident that the overall direction is UP.
I didnt have the time to post but i went long since 7000 dollars so I am in some good profit. but right now there might another LONG opportunity. lets hope this RED trendline holds. Its kinda weak but sometimes the train moves very fast and it doesnt really give you any chance to board it.