Fundamentals: Ignore all the boohoo!
Technicals:
Hammer time!
VPA confirmation
uHd
ext. indicator
61.8% fib support
horizontal support
all this = multiple confluences
Technicals:
Hammer time!
VPA confirmation
uHd
ext. indicator
61.8% fib support
horizontal support
all this = multiple confluences
Note
Weekly: SPY might continue its drop next week from 10% to 14%. I am prepared for that and waiting to buy more.
And it will be a new month.
Plan: If market falls to 13%, have enough funds from working to buy.
Monthly:
A chart of potential drops and stages of areas where I am just going to keep buying when it gets to those stages. I going to back up the trunk like it is 2007-10.
Speaking of 2007-2010:
It took 2.5 years in the dot com bust to reach the bottom. If we just kept setting aside money every month to buy something...anything, not worrying about the price, then it would have been profitable. Same scenario in the financial crisis of 2008-2009, which took 1.5 years. Just keep buying, not when it is ok to enter, but invest because of the quality of the company.
Plan: Set aside two years of being dirt poor and just investing while the market falls to chaos and buying at every level every month yet having enough to eat and feed family and enjoy a little. If there are dividends in the investment, then re-investment.
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
Disclaimer
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.
Capturing the swings of the stock market & currency market. It's a dirty job and equity/currency traders must do it.
Disclaimer
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.