MSFTMETANVDAAMZNGOOG Last week, we mentioned shorting SPY and other major indices with leverage, while also pointing out QQQ's short-term pressure and correction. Discussions about Deepseek were already happening across forums, but as usual, the news only packages a story for retail traders. Today, many are likely researching Deepseek, thinking they’ve uncovered the reason behind the market dip. The reality is, by the time the news gives you an explanation, the big players have already moved, leaving scraps behind for retail—if there’s anything left.
Our shorts last week weren’t based on news or rumors, but purely on technical analysis and risk-reward calculations. Now, of course, you’ll see YouTubers and commentators spinning their stories about it.
This is just a short-term opportunity. Long-term, leaders like MAG7 are driving the AI revolution, and this is far from being an overhyped bubble. The focus remains on long positions, with shorts only as a secondary play, just as we highlighted last week. TA remains king. 📈