This week, I expected a rebound from last week's drop to Wednesday, but I was completely wrong.
Yesterday, the Nasdaq plunged more than 2%. It's a shame that we didn't get a profit because we didn't expect a major crash, but we can't help it. I suffered a small loss because I was looking at the buying point of view, but it's not a big loss, so you can bear it.
Still, the high was 21210. There was a 40-point gap from my estimate of 21160, but there was a nice rebound from the estimate. I got some returns from this rebound. It's the timeframe that the forecast is badly wrong. I expected 3 beekeeping by Wednesday, but the beekeeping ended with one last Friday.
The reason why it fell without a rebound was due to various bad news. The indicators were bad and Trump continued to generate tariff events.
More serious than the Nasdaq was crypto. Bits committed atrocities of giving and subtracting. Looked at the Bitcoin chart. It's down more than it went up on Sunday. It showed extreme volatility, going up 10% and down 10% in one day. If it was robbed of bread, there wouldn't be any money left.
It appears that the first downtrend is still underway on the chart.
It has a downward view in the long run. However, I think it is a position for a rebound as it is judged to be an oversold section in the short term. In other words, it is not an appropriate section to invest. If it is shorted, it will lead to a rebound, and if it is aimed at a rebound, it will lead to a sharp decline. If it rebounds quite a lot, we will wait and see for the short again. I'll buy it until the Broadcom earnings release.
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