After a 10% sell off a bounce back is likely, but there is scope for a much larger correction in the markets.
I am scaling into this trade with a stop below 23k, with a plan to short the bounce as well.
I will make a separate trade idea for this.
Disclaimer: Not a financial advisor, this is a public trading journal and educational tool. This means I am not recommending you buy or sell anything. I am only showing you what I think will happen and what I am doing. By viewing this statement you have been fully informed that the opinions in these videos, if acted upon due to your own willingness, could lose you money.
Looking to do professional analysis and create ideas for professional traders, banks or hedge funds with investment capital above USD 1million. I have been trading the Euro and stock indices for 50+ hours a week since 2011.