December 2022 shorts up, longs down. What will happen in January 2023? There are only 3 possibilities, up, down or sideways. Yet forecasting the first month of next year includes a multitude of variables. Only time will tell when I check back on this chart in a month. Here's a 1hr chart, 1 month view of long and short tickers, plus the 2 year & 10 year bonds:
US10Y US02Y
Shorts: TSLS SOXS SQQQ FNGD DRIP SRTY SPXS FAZ DRV SDOW BITI SARK
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation
7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list