| | Hello TheoTrader, | Well, by now everyone has pretty much accepted that we're in a risk-off market environment. The public is starting to panic, as the unwind of the carry trade in the Japanese yen triggers margin calls across the world. | I raised a substantial amount of cash over the past couple of weeks, and even had members in chat take some long positions in the Japanese yen. | Back in March and April, I did a Mastermind seminar here at TheoTrade where I dubbed 2024 as the biggest opportunity since 2020. The most important thing now is to not make any hasty decisions. | In the meantime, let's review what we'll want to see from a sector standpoint to signal that a low is near or completed… |
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