The market is about to reverse soon, but not now
This wave is not a reversal; it's the final trap for the bulls.
Many people are still waiting for new highs, but the main players are already offloading their positions.
The longer you take to see clearly, the more you will lose.
At this position, you should not go long,
What should you do?
You can set up short positions,
Take advantage of the short-term downward movement,
Wait for the next pullback to stabilize, then we can talk about the reversal.
Intra-day focus: AXL SUI