2022/05/10 60k hedging strategy (US stocks fell again~)

background:

Losing confidence in the Fed, S&P 500 falls below 4,000 points, Nasdaq tumbles more than 4%

Taiwan stocks stage Wanliu defense battle

(Foreign investors slashed weight stocks and public stocks to enter the market to support the financial minister's confidence and call the National Security Fund to maintain financial stability when necessary)

The depreciation of the Taiwan dollar is approaching the 30 mark

(The central bank's war with hot money aggressively dumped 1 billion US dollars in foreign exchange to prevent the depreciation and ended up closing at a low of 29.733 yuan in the past two years)

Close at 15853 at night - close at 16027 at day = down 174 points

Write before the strategy:

After 60k gapped and fell below the previous low of 16160 in four sessions yesterday, and after standing unsteady, it went all the way down, and the night session fell,

Rising 1 wave (16160 rose to 16776), the downward 1.5 gold cutting rate is 15852~ and closes at 15853~

At present, the electronic trading of US stocks is rebounding by 100 points. If it can continue until the opening of the Taiwan Index ~ early rebound can be expected~

60k moving average 20/60 is down ~ bearish ~ rebound needs to stand back to 16200 to have signs of strengthening ~

60k dash strategy:

Strategy 1: Open low and should go low (green line), and the weekly op will settle tomorrow ~ it’s good to fall slowly today

Open between 15910~15976, attack 15910~drop below 15853~

The rebound station does not return to 15853 ~ short order ~ target 15799 ~

Strategy 2: Open low and go high (red line)

Open between 15853~15910, attack 15976 and 15027~

Backtesting is stable at 16000~Incoming more orders~Target 16200~