13/08/2024
Yesterday, we analyzed the market's peak on SOI. After attempting to catch the Futures contract from the bottom, we decided to close the transactions within minutes.
๐ฅ Meanwhile, we placed our bet on ROPE, which, after a stellar performance last week, not only reached its target but significantly surpassed it. There were three prime spots for oil to secure a position, and we managed to "negotiate" one of them, opting to enter with just one contract instead of three.
๐ The US market stocks we mentioned yesterday are showing strong potential for a bounce back. Considering the current period (August) and the frequent news about a possible recession and other market "scarecrows," we anticipate greater fluctuations in both directions. This is why I believe that shorter intraday intervals present a better opportunity to "harvest" some good deals. ๐ผ