XJO 1.25% 7,777.7 s&p/asx 200

Two more trading days to end the year. In my humble view best...

  1. 10,728 Posts.
    lightbulb Created with Sketch. 1263
    Two more trading days to end the year.

    In my humble view best way to make money over the long run if not systemised is simply identify crowded markets and hit it hard in the opposite direction. We have seen it recently with oil highs, USD, Nasdaq lows, HSI high potential,
    At this point ES is an extremely crowded trade that could go on for a while - but it is very crowded I'm just waiting for price action to show weakness pretty much what the USD did. Instead because of the markets parabolic move it will not go into distribution rather a sharp reversal that will catch punters off guard.

    Last edited by Calvo: 28/12/23
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.