…look at the daily candle from Monday, January 27, 2020 (5 years ago yesterday). The market seems to be repeating the same pattern on all the indices except the dow didn’t get hit this time.
…everything rebounded the following day and continued on up till February 20, 2020. The following Monday on the 24th all hell broke loose and we all knew why a few weeks later
NVDAQQQSPYVIXSOXL If there’s no company stronger than NVDA in fundamentals and AI relevance, then why wait to buy at these lows despite the bearish sentiment? Timing doesn’t get much better than this. 📈🤖
NVDAQQQSPYMAGSVIX Deepseek claiming it can surpass US AI tech at low cost is like saying you can outrun a Ferrari with a bicycle, downhill, with a strong tailwind, and maybe some divine intervention. The reality? Just another madeup narrative after the charts have already spoken.
Last Thu and Fri, TA already showed us the setup for leveraged shorts on SPY and QQQ, and we entered accordingly. Then, come Mon’s drop, retail traders scrambled like they were in a zombie apocalypse, desperately looking for a ready made explanation. The media served up Deepseek on a silver platter, making it sound like an existential threat to US tech.
Funny how the stories always come after the charts. TA first, news later, always.
NVDAVIXSPXSCHGMAGS Once again, we've reinvested a small portion of the profits from our leveraged short positions on QQQ and SPY into speculative plays. Now, it’s another leveraged long opportunity for NVDA. The recent rebound has already delivered solid gains, and for this new entry, a stop-loss is a must. While the chances of further downside seem lower this time, caution is still key. The risk is minimal, but the reward could be several multiples. When retail traders finally realize what Deepseek really is, the bulls will be smiling knowingly. Good luck, fellow bulls! 🐂📈
NVDAQQQSPYMAGSVIX Used a small portion of the returns from leveraged shorts on SPY and QQQ to buy into a leveraged long position on NVDA. SL is set, keeping the risk-reward ratio low. Even if it doesn’t work out, the loss won’t be much. When retail traders finally realize what Deepseek really is, the bulls will be smiling knowingly. Good luck, fellow bulls! 🐂📈🚀