Wait for a pullback before going long.

٨ مارس ٢٠٢٣

How to seize the trend in this market? It is to follow the trend. When the trend comes, an invisible force pushes you forward.

Currently, the stock market is expected to continue to rebound as the pace of interest rate hikes has slowed. However, with a return rate of around 5%, there is limited upside for the stock market to rebound significantly. Therefore, it is recommended to continue buying the dips in the Nasdaq at the 12,000 level.

Short positions are not currently recommended as global stock indices are rebounding, and market sentiment has not reached the point of being extremely bullish. Following the trend is still the main strategy, as the Nasdaq has not rebounded as much as the Hang Seng and European stock indices, which had huge declines last year. It is important to prevent the possibility of it not rising when the news becomes clear later on, as there may still be opportunities for 500 to 800 point moves.

Specific strategy: Wait for a pullback to the 12,000 level to go long.

Follow me to make trading simpler!

NNASDAQ