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.
Any Advice or information on this website is General Advice Only - It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Set and Forget, its employees, or fellow members. Futures, options, and spot currency and stocks trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex and futures markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell spot Forex, cfd's, stocks or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in Forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.