The stock market dropped to its lowest level in 2022. You do not need to be an expert to predict what will happen throughout 2022. Google stock price is not an exception. Google is tanking in what will be the strongest sell-off and bearish correction in history for the tech giant and thousands of stocks worldwide. The major US indexes officially entered a bear market many months ago. The S&P 500 keeps closing lower every week, at its lowest level in 2022.
The same happened to Dow Jones Industrial Average. Still, it’s only now, in September/October 2022, that everyone is talking about a market crash, inflation and much other fundamental analysis that is already priced in the market. You can use supply and demand imbalances to learn when the markets or any stock will most likely crash. The market crash in 2022 has not been a surprise for supply and demand traders who trade the very big timeframes. We knew this crash had happened since the beginning of 2022 and even in 2021. Stocks like Google, Mastercard, Facebook, Netflix, Visa, American Express and Microsoft are crashing in what will be the biggest correction in history.
As supply and demand traders, we do not need to pay attention to fundamental analysis. Unless you are doing very short-term trading and scalping, you should not worry about fundamentals for stocks and ETFs.
Trading is just waiting for the right trigger points and scenarios to present themselves, this game has a name, and it’s called the waiting game. We must patiently wait for the correct scenarios and setups to happen and for the price to pull back or dip into the price levels we want to trade. These price levels are made of supply and demand imbalances in our case. You can use these imbalances to plan your trades in lower timeframes.
Join our supply and demand online trading academy If you want to learn how to trade stocks using our supply and demand trading strategy.