The US stock market is likely to open flat, but the key is — the talks in the early morning are the real ticking time bomb!
If the news is bearish, the bulls are likely to be slaughtered tonight;
If it is bullish, the price will be pulled back to the opening price, and the bears will also be harvested.
Many people like to gamble on direction, but to be honest:
In this kind of news-driven market, nobody can predict the direction.
If you have to guess, there’s an 80-90% chance you’ll be cannon fodder.
My current judgment is that
the market direction is unclear, maintaining a light position and strict stop-loss is the only correct choice.
Real experts don’t shout directions every day, but know when to take action and when to stay in cash and wait.
Remember one thing:
If you can’t understand, don’t act recklessly;
Not knowing restraint is equivalent to giving away money;
Retail traders always gamble, while traders know how to be patient.
Tonight, I won’t gamble on direction, I will just follow the rhythm.
Those who understand can just keep up.