Looking back at the stock index, the technical pattern is still very classic. The NASDAQ 16550 is an obvious key resistance level. It almost rebounded to this position yesterday, and the institutions didn't even stay for a minute, indicating that this is currently the strongest resistance level, a key point in the long and short war. If the closing price still cannot stand still at 16550 in the next few trading days, there will definitely be a sharp drop later.
In the current market, it is actually very difficult to go short. Buffett cut his AAPL holdings by half over the weekend. It's actually a black swan-level loophole. Seeing Buffett run away on Wall Street, everyone definitely wanted to run, but they just smashed the market, and no one was able to ship the goods. That's why it evolved into the current market. It quickly became empty every day, and there was a surprise dive at the end of the market.
This process may be repeated over and over again, until the Wall Street goods are almost ready to be sold, and then another wave of diving will begin. To take the simplest example, if you shorted NVDA the day before yesterday, NVDA skyrocketed by 7.1% in the market yesterday. Those who shorted must have felt bad, but depending on yesterday's final results, counting the fluctuations after the market, you actually lost less than 1%.
Currently, the probability is that the intraday period will rise and fall at the end of the session. I recommend that friends who want to go short should do this, close the market and take profit every day, and then wait until the next day when the intraday surges, go short at a high level. After making money during the day, close the day and then take profit and stop profit, and repeat this movement over and over again. In other words, there will be no suffering in the middle of the game, and progress and retreat can be evidence-based.
Actually, the current market is in line with the standard Five Wave decline, but we are currently...