After the financial reporting season, investors are looking for fresh leads for the market direction. Therefore, the market may trading:
1. Sideline- if NO NEGATIVE news reported.
2. Downward - if some NEGATIVE news reported.
3. Limited upside - if POSITIVE news reported (very unlikely)
So, in order to be safe, cash out atleast 50% of your portfolio will be the next 2 months startegy. However, short term trading opportunities will emerge when the market is volatile.
Happy trading and remember to set cut loss when situation turn negative.
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