Support Level Analysis.zip

Mu

9002

Yesterday,the 800 level was strong support,which led to a V-shaped rebound,but seeing it slide back down at the very end makes me very anxious as well.They say if the800 level breaks,it could drop to around 650,so I hope those who are trapped in their posi...





Mu

Created at 98.**.204.45 901 2 0

Yesterday, the 800 level was strong support, which led to a V-shaped rebound, but seeing it slide back down at the very end makes me very anxious as well. They say if the800 level breaks, it could drop to around 650, so I hope those who are trapped in their positions steel their minds and endure it well. July was originally supposed to be a good month, and I also thought we would break the previous high once more, but I think the downturn we expected in August might have come early. I was expecting the S&P to reach around 7,000, but with semiconductors dropping so early, I don't think I'll be able to sleep this weekend either. However, they say even if a downturn comes now, we will break the previous high once more by the end of the year, so I hope everyone stays mentally strong and doesn't go through too hard of a time. Let's all stay strong... This too shall pass... 🥹

 

Tags Financial Market Trends Investor Psychology Market Dip Strategies Semiconductor Stocks Stock Market Anxiety Stock Market Correction Stock Market Outlook Support Level Analysis V Shaped Rebound Year End Rally Facebook X
Comments 2
99.**.248.116
Agreed. I'd rather they just drop it quickly and get it over with... They said 850 was the support, but it looks like they'll drag it down to 650.
32.**.193.64
Still, come to think of it, since it easily dropped by -$80, -$100 a day, if it drops for just two more consecutive days, it will hit $650 in no time. Hope we get the pain over with quickly and rebound...
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