The day before yesterday, Tuesday, October 20, Da Bing said Bitcoin was building up for a rally to liquidate a wave of shorts before dropping. Bitcoin was at 81,000 then, and last night it rebounded to around 85,000.
So it did go up first and then down. Da Bing got the direction exactly right.
Then I said the Nasdaq would rebound to 725–730, where I’d short the Nasdaq index ETF QQQ.
Last night at midnight, the Nasdaq rebounded to a high of 728—right at the shorting level again.
Shorting the Nasdaq on a rebound at 725 was once again the best trade.
Da Bing’s trading approach has always been clear and straightforward:
Simple and easy to understand.
Short the Nasdaq at 725 and take profit at 680.
Then, after it rebounds, keep shorting the Nasdaq index.
Da Bing will keep shorting Nasdaq QQQ through the Spring Festival—that is, until February or March 2027.
So it did go up first and then down. Da Bing got the direction exactly right.
Then I said the Nasdaq would rebound to 725–730, where I’d short the Nasdaq index ETF QQQ.
Last night at midnight, the Nasdaq rebounded to a high of 728—right at the shorting level again.
Shorting the Nasdaq on a rebound at 725 was once again the best trade.
Da Bing’s trading approach has always been clear and straightforward:
Simple and easy to understand.
Short the Nasdaq at 725 and take profit at 680.
Then, after it rebounds, keep shorting the Nasdaq index.
Da Bing will keep shorting Nasdaq QQQ through the Spring Festival—that is, until February or March 2027.