Weekly Market Wrap: Adding on to Profitable Shorts!

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Now that the bears are back in action, the market has switched from “potential reversal” mode back to “risk off” mode, and the stock market has resumed its decline.

In last week’s market outlook video, we mentioned that the best trading opportunities will be shorting the stock/REITs market.

Over the past 2 weeks, we have seen some stock indices drop by more than 10%.

Will we see new lows before the year is over?

We will be adding more shorts on any pullbacks, but doing it in a way to maximise returns and minimise risk.

Want to join us in our big short of the year?

Check out out “Daily Trading Signals” private Telegram group for real-time entry signals!

 

[Photo: Hagia Sophia, Turkey – See my full travel photo log!]

For our weekly market wrap, we go through some of the trade calls and analysis from last week, which gives us valuable insights for the week ahead.

We cover 3 main markets with a total of 200+ counters, so we will never run out of trading opportunities:

• Forex, CFDs, commodities, bonds
• US stocks, ETFs, global stock indices
• Cryptocurrencies, crypto indices

By covering a broad range of markets, we can focus our attention (and capital) on whichever market currently gives the best returns.

Click here to receive all these signals in real-time for only $67 a month! You will get several signals a day, and even taking just 1 trade the whole month can easily cover the fee, so what are you waiting for?

 

Weekly Market Outlook Video

Weekly Market Outlook (18 December 2022)

After the false breakout for stocks on the bullish CPI data, prices made a U-turn back down.

During the FOMC, the Fed hinted that a pivot is not so soon, which added to the bearishness.

There is a good chance of seeing new lows in the stock market.

 

Portfolio Highlights

Weekly Portfolio Updates (18 December 2022)

Added more short positions for stocks, and will continue adding more next week on any pullbacks.

 

Forex & Commodities Market Highlights

AUDCHF – Price is moving in our favour, can continue to hold for more downside! 💰🔥💪🏻

 

AUDJPY – Wow we did not expect it to hit our target in one day with 300+ pips profit! Congrats! 💰🔥💪🏻

 

CADJPY – Strong downside breakout!

Headlines: “Nikkei 225 falls more than 2% after Bank of Japan widens yield target range, yen strengthens”

 

Can consider going long on NZDCHF during a tight stop below the 2-bar reversal.

 

Crude Oil (WTIUSD) on a long-term downtrend, and now has a pullback shorting opportunity.

 

Stock & Bond Market Highlights

The long-awaited breakdown for Global REITs (REET) finally came as well, after running into the top of the trend channel.

It also formed a rising wedge just before the breakdown, which added to the bear conviction.

Congrats to those who joined in the shorts! 💰🔥💪🏻

I will be continuing to add more shorts, hopefully prices break new lows by the end of the year.

 

Biggest inflation movers of 2022.

 

Click here to receive all these signals in real-time for only $67 a month! You will get several signals a day, and even taking just 1 trade the whole month can easily cover the fee, so what are you waiting for?

Good luck, and may next week bring more excellent profits!

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If you're looking for the best trading opportunities every day across various markets, and don't want to spend hours doing the research yourself, check out our private Telegram channel!