Sankara’s Brain 🧠: War Report: Bear Lives Matter Edition. US 30 Institutional Systematic Bearism.
It's a problem. For decades now, market liberals and big corporates have treated us retail investors and speculators like muddy swamp gunk on the bottom of their hoof. Interestingly enough, being born a 🐻, it was apparent to me as child the only way to succeed was to suppress all my god-given bearish features. Walk and talk like a Bull, believe their economic lies and hypocrisy and you’ll maybe, one day, possibly, move out that little dirty 🐻 bush you live in, into a more extensive, more expansive bullish meadow. The well known, rarely achieved, individualist ”Bullish dream”. Others went further. Some bears admonished others if they dared to complain of their treatment. ”Take that pine chip off your shoulder” these Uncle Polar 🐻’s would say. 🤦🏽♀️
I can't judge, even I would even fake smile as I ran around, stressed, through the daily treadmill, banking these greedy psychopathic bulls larger and larger profits. All whilst 🐻’s, young bears, female bears, daddy bears disabled bears, bears that make clear - ”officer Bull... I can't breathe”... continue to die at the hands of this, rigged, predatory Bearist System... 👏🏾
Their whole motive has been to convince us we were sick when, in fact, they were the sickness. Convince us never-ending growth is somehow the mark of all Bi-Species progression? (ha)
While we continue to fight for justice - and long for the day when Bulls and Bears can co-exist... Right now? In the market? It's a Bullman’s world.
... It's bearllocks, to be honest.
My Plan?
We saw the demolishment of the 26k line last week - as predicted 💪🏾. However, it's now sustained that above 27k. I rode the wave all the way up to 26920 (hope you did too) - but as my followers will know... I'm super pro-bear.
I took the necessary decision to cut my short positions. (24300 &23500) due to negative leverage kicking in at anything over 27000. I still hold two more shorts under 25,500 and will need to monitor as losses will generate over 27400 levels / and I will need the capital to play at this range so these may go next week too.
So I'm - long next week in the expectation of filling the upward trend channel on the chart. We could see sideways movement within the 26500-27200 or a push to 28,000 and then a fall back on 27k support line. Next week sees the preliminary results to key economic numbers - all which have been priced in - any surprises to corona could create a 🐻 Tsunami Surf down to 25800 but can't see the market rolling over deeper than that, just yet.
Specifics .
Another week of rip and dip for US30/Dow.
Moves In order.
make day profit by, getting in at 20 points either way - get out. Repeat.
Cover my long position with daily profit.
Create day profit for salary.
Use day profit to add to long.
Repeat.
And the next time you think of reading ideas from the “highly viewed and liked” bull who always gets it wrong, versus the 🐻 who actually lives this and gives you his full strategy. Remember.
🐻 Lives Matter.
Like, follow, subscribe.
Stay safe and profitable.
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Disclaimer⛔️:
Please do NOT use my ideas as the basis for any financial investment.
This content is time, price and market sensitive and intended for educational purposes only.
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Bio 🅱️:
Charles Sankara
Day Trader
London 🇬🇧
Ochie Rios 🇯🇲
Mombasa 🇰🇪
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