Hello everyone! Today i want to share some trading analysis with you!
1.
READ IT CAREFULLY -- this is from MPW Bamboo Scroll, posted to subs on April 19, 2025.
If you truly want to understand the market's behavior, you should listen to those who got it right from the very beginning, right?
Read it and see what may happen in this week.
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2.
"In all likelihood, then, Trump will eventually be forced to back down. This might take the form of a deal in which China agrees to largely symbolic concessions that allow Trump to save face."--a well written & reasoned article, but this conclusion misses the point badly, and reveals the author's lack of understanding about the intent & purpose of China's leaders to fight a tariff war this time.
Put it this way, EVEN IF TRUMP RENEGATED ALL HIS TARIFF ON CHINA TODAY, CHINA MAY NOT CANCEL ITS TARIFFS ON U.S.--that is how serious and long-lasting the damage would be. Nobody in the White House has a slight idea about what is waiting for them in the future. Simply put, if you don't know what your enemy wants, how can you dissolve the conflict. $Cboe Volatility Index(VIX)$ $SPDR S&P 500 ETF Trust(SPY)$
3.
Cashed out the majority of holdings now at 5146, as it is too late here in Asia. Got to sleep now and set up loose stop--this baby is far from bottoming, as I explained in details in MPW bamboo Scroll, "as long as there is hope, there will be no bottom." GLTA.
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4.
🐼😎👌holding some of my PUTS over the long weekend, as I noted.
1, for those who are worried about my position, let me assure you that they are fine, and look like in deep green at the open.
2, the gap down open may be a high point, not only for today, but also for the week.
How to deal with this kind of conditions?
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