The market in the past three days can be said to be desperate, confused and fearful for most people. Especially for the bulls, it is simply "eating people without spitting out bones"!
Although Lao Jiu is short in the long term, he was also shocked by the market in the past three days. (Why is Lao Jiu short in the long term? It's very simple, because the decline is too fast. I have been thinking about this problem in the past two days). You can check Lao Jiu's post on February 24th that he would go short at 96,000 directly and target 91,000, but he never expected that the target would be reached near 91,000 on the same day. Then I posted a post on February 25th that I would go short at 70,000 in the long term.
Yesterday, a large international institution also published an article that the big cake would see 70,000. I suspect that they read Lao Jiu's ideas (just kidding, they also have their own basis and opinions)
In this extreme market, if you don't ambush high-level shorts, then Lao Jiu still advises you to restrain yourself, treat it rationally, and never operate blindly!
Regarding the current market, Lao Jiu believes that if you have to operate, then before the US market, you can operate with a small defensive range like yesterday, and you can go short at a high position in the US market. Remember to be defensive! The idea remains unchanged and still looks at 70,000, because the only strong support below is the 70,000 mark.
In addition, many people will ask why this wave has fallen so much. I wanted to write to you, but there are too many things to explain. If I want to write, it will be a thesis. Sorry, Lao Jiu doesn’t have that much time to write! I will consider making a video to explain it to everyone later!
Yesterday, many people asked Lao Jiu what to do now. My answer is that the best time to plant a tree is: "Ten years ago and now." You didn’t plant it ten years ago, and the question is whether you will plant it now?
Lao Jiu used to ambush a long long-term trend order every year, and it was always a hit. Old fans who have been following Lao Jiu for a few years should know it. Then there will be another long-term trend ambush in the second half of this year!
