While this might not be THE bottom, we're due for a bounce that could last a few days. Will there be any further selloff after that? Of course. But for now, it would be foolish IMO to short the market.
This bounce was definitely do, but the markets are very broken still, these rallies should be sold especially if you bought yesterday.. We will be back below 5000 again... I hope no one believes this is the start of the rally back to 6000, it's definitely not.
Trump tariffs: If you’re worried about a bear market, look at this one chart https://www.cnbc.com/2025/04/07/trump-tariffs-worried-about-a-bear-market-look-at-this-chart.html
we are trading bro..we dont believe anything except the tape and the charts and our abilities. And even the tape and charts are not really believable. No..5000 wont hold much longer. The lunatic in charge needs some kinda medications. China certainly wont back down. Neither will Russia or Iran. Hell..even Zelensky told Trump to go fck himself. Trump has set up one of the greatest long-term shorting opportunities in recent history. Just watch the key support levels and the bounces. 5000 was almost exactly 20% fall from ATH, which was very key. Not sure we have many more support/bounce areas which are that key. 4000 I guess..then 3000...i doubt its that easy tho.
That’s not true at all. I covered my short near the bottom. Not sure where you got that idea. I am not short. The market is already starting the V process.
I don’t like this huge gap up though. It might try and fade it just for fun just to rip a V in your face.
Look, I ain't here to rub salt in the wound. Honestly, I couldn’t care less whether you ended up booking a monster gain or not. The issue ain't about the result. It’s the process that got you there. You could have shifted course—and frankly, you should have—long before now. The Q's started rolling over back on February 20th. And yet through all of that, you were still out here pounding the table for a frigging' "V", like it was just a matter of time. But waiting, hoping, and praying for the market to eventually bail you out, is that trading? No dude, that’s gambling. Anyone can be right eventually if they’re willing to bleed long enough. But that’s not skill. That’s survivorship bias. And flipping sides only after getting dragged through months of pain? That’s not conviction. That’s textbook capitulation. And wouldn’t you know it. What happened right after you shorted? That's right, we reversed.
So..All of our sht comes from china..including raw materials and rare earths and Trump will have 150% tariffs by tonight? Can Congress impeach Trump or quickly deem him unfit? In the UK they can quickly call snap elections. Remember Liz Truss and the pound collapse. They fixed it within a few weeks.