Jimmy the Kong
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$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ Half position, 36 full position
Thanks to block orders. 41 cleared positions last night, and today another opportunity is given.
Stop loss at 35.5.
Thanks to block orders. 41 cleared positions last night, and today another opportunity is given.
Stop loss at 35.5.
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Jimmy the Kong
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$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ Are you on drugs?
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Jimmy the Kong
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$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ Is it a bit of a low opening and high walking rhythm? Wait to enter.
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Jimmy the Kong
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$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$
As for the stock market crash, I personally believe that it is highly unlikely. This time, the national team openly supported the market and released various policies to suppress internal selling pressure frequently, showing sincerity. Although it is uncertain how foreign capital will react. However, it is undeniable that the national team is actively influencing market sentiment after the holiday, preventing excessive highs and sharp declines in a short period of time, which is quite reasonable.
From a technical perspective, look back at previous stock market crashes. $SSE Composite Index (000001.SH)$ Looking at the historical extent of stock market crashes, in 2005 it was 450%, in 2015 it was 150%, today it is only 35%, and it has retraced by about 13%. It is clear that many funds have not entered the market yet, they are all observing. Just a 35% surge and a significant retracement, thinking that a stock market crash will happen. Is this reasonable in the current era of massive liquidity injections? From the perspective of candlestick structure, the bottom is at 2700, with a 2B bottom exploration support followed by a strong rebound, reaching up to 3700, but failing to break through due to strong resistance above. Then, on a weekly candlestick level, there is a triangular convergence pattern, in short, breaking on either side will determine the direction for the next few decades. For top speculative traders at the weekly level, the stop loss at this position only needs to be placed at 2700, with a very large risk-reward ratio. Victory means seizing the extremely bottom position of the rising trend for the next 10-20 years; defeat means a painful exit at 2700, leading China into a long bear market. Therefore, the risk-reward ratio is very favorable, which is why some prominent figures are bullish and heavily invested. For long-term speculators, this position is very reasonable.
As for the stock market crash, I personally believe that it is highly unlikely. This time, the national team openly supported the market and released various policies to suppress internal selling pressure frequently, showing sincerity. Although it is uncertain how foreign capital will react. However, it is undeniable that the national team is actively influencing market sentiment after the holiday, preventing excessive highs and sharp declines in a short period of time, which is quite reasonable.
From a technical perspective, look back at previous stock market crashes. $SSE Composite Index (000001.SH)$ Looking at the historical extent of stock market crashes, in 2005 it was 450%, in 2015 it was 150%, today it is only 35%, and it has retraced by about 13%. It is clear that many funds have not entered the market yet, they are all observing. Just a 35% surge and a significant retracement, thinking that a stock market crash will happen. Is this reasonable in the current era of massive liquidity injections? From the perspective of candlestick structure, the bottom is at 2700, with a 2B bottom exploration support followed by a strong rebound, reaching up to 3700, but failing to break through due to strong resistance above. Then, on a weekly candlestick level, there is a triangular convergence pattern, in short, breaking on either side will determine the direction for the next few decades. For top speculative traders at the weekly level, the stop loss at this position only needs to be placed at 2700, with a very large risk-reward ratio. Victory means seizing the extremely bottom position of the rising trend for the next 10-20 years; defeat means a painful exit at 2700, leading China into a long bear market. Therefore, the risk-reward ratio is very favorable, which is why some prominent figures are bullish and heavily invested. For long-term speculators, this position is very reasonable.
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$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ Tomorrow, are you going to sleep on the floor or be the boss? Watch the financial policies of the Ministry of Finance tomorrow.
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$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ Will it drop after the upcoming live?
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$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ The pre-market sentiment is very good, predicting that the index will open slightly higher. Whether multiple stocks will hit the limit again depends on the sentiment in the mainland. If it goes up today, the bull market will continue; if it goes down and breaks through support, we also need to pay attention to how the meeting on Saturday will turn out (expectations must be high). Therefore, today there are only two options: going up and consolidating, and the range of consolidation must be very small. A slightly larger range will trigger panic. The domestic sentiment is currently fragile, whether the bull market will continue depends on today, and whether it can transition from a frenzy bull to a slow bull will be seen on Saturday. Remember, the market trades expectations and sells facts. From today until Friday, the probability is mostly about trading on Saturday's meeting and the USA CPI, so today's data, Saturday's policies are very important! Hope that the incompetent bureaucrats will wake up, pay attention, don't overlook the big picture because of minor issues. The people's money is the country's money, keep that in mind.
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Jimmy the Kong
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$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$
China Equities under attacked by Jp Morgan & .... to short the mkt.
China authority lowered interest rate, announcing new stimulus before the long holiday....
Nowadays, not just trade war but also.....
China Equities under attacked by Jp Morgan & .... to short the mkt.
China authority lowered interest rate, announcing new stimulus before the long holiday....
Nowadays, not just trade war but also.....
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Jimmy the Kong : ok i join u