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Believe or not, the market is on its way to NASDAQ 2000/DOW 10000, in ideal situation, by the end of May or early June. In final run week, we may see 5 percent gain. So if you have long position, hold it tightly. If you have short position, either cover it as soon as possible or sit through this huge wave and add short position after the target is reached (more risky and hard to do so).
By the way, from basic TA (Moving Average, Resistance/Support), there is no bearish sign at all. |
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