Ukraine situation escalates
Since the US CPI release, market turmoil has continued. In this article, we had been analyzing pullbacks in the Dow to 35,800 and the Nikkei 27,900 for several weeks, but the reason was the price at the December FOMC; first, we would use this price as the baseline and decide whether the situation is better or worse than that.
As for the result, both indices have currently rebounded exactly. The author's current positions include a short at 35,820 shown in the image the other day and an additional short at 35,400 added on Friday.
This position is planned to be gradually liquidated within this week, and today’s article discusses what target range to aim for and what to base the strategy on.
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