Given the macro-economical context and the relentless buying on the stock market, I think we're due for some trouble and volatility. i might bid 7k for a swing but i don't have much conviction and will wait to see which levels hold, if any. staying short and playing the short game until things start looking attractive again.
Trade closed: stop reached
Obviously got BTFO on this one, but recovered in May 2021 when I shorted the top in may, bought the bottom and sold again eoy.2020 was not good to me, I kept getting blasted while thinking a revisit of the bottom was due with everything that was going on. I kept shorting a range of different assets for the rest of the year and kept getting rekt.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.