The stock fell to my system's expected support level of 451 ...
Forward sequence: stocks fell to the support level in the morning as predicted by my system, starting to rebound at 451. Tomorrow's PPI, so take profits today. Stocks reaching the rebound target of 5530-5550 as per the system prediction. Account continues to reach new highs.
This morning, QQQ hit a low of 451-452 as predicted, saw many short positions fleeing, so we saw a violent rebound in the stock market. Billions worth of large orders have already exited today, so the stock market should move towards the 5700 route. Tomorrow's PPI may still experience some volatility, so if there is a significant decline tomorrow, start buying on dips. I am on a business trip today and unable to monitor the market, but all the positions given this morning have been realized. Hope it helps everyone. This week is very busy.
However, a few days ago I mentioned that the 5550-5580 resistance level is quite significant, this should be the point where friends with heavy positions hedge. I don't like shorting, but hedging can be considered here for a few days, but the trend has started to turn bullish, 5700 should gradually be reached. Harris will win, so the stock market also needs to cater to historical highs.
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