TSLA
Tesla
-- 355.840 NVDA
NVIDIA
-- 138.850 INTC
Intel
-- 23.600 NBIS
NEBIUS
-- 44.490 PLTR
Palantir
-- 119.160 
Red week again! Consolidation for next leg up or down?! We ...
Red week again! Consolidation for next leg up or down?!
We were leaning bearish this week and we were right to do so. We are leaning bearish for the weeks to come ahead as technicals and flows are bearish as warned since 16th june.
Markets has shown significant weakness and if you dont see it, you are about to get trapped towards the downside.
Markets usually tend to drop slowly before it accelerates because the first drop will be deemed as a pullback catching the bulls who buy the dip thinking it goes higher. Once the relief rally ends and the next leg down starts, it usually is the larger and faster leg because those who bought those dips start to cut off loss excabating the move downwards.
Key is to know whether this is a pullback to go higher or only the start of the next leg down!
Watch the video as I share technicals on why it is leaning bearish the next couple of weeks at least.
We dont nail tops and bottoms through luck. Because you can be lucky a few times, but when you keep doing it, its due to experience, knowledge of technicals and also knowledge of market flows!
As always, trade safe and invest wise!
Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos!
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72736523 : Ali is already feeling weak; it is likely that it will fall this week
Silverbat 72736523 : Buy big on low days, look at 108 in the short term
72736523 Silverbat : Average cost of buying on low days
Investing 101 OP : i also got long calls on baba last week. bullish mid term
Seraphicall Investing 101 OP : Nicely done
mikechia76 : Bears are getting slaughtered