2980 was the short position available yesterday, assuming the Japanese interest rate hike issue is under control. Now that the bearish news has been fully priced in, even if I still want to short, the 2980 resistance level has a higher probability of being broken after being tested multiple times, so the position size should be smaller. I am not willing to take this risk.
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2980 was the short position available yesterday, assuming the Japanese interest rate hike issue is under control. Now that the bearish news has been fully priced in, even if I still want to short, the 2980 resistance level has a higher probability of being broken after being tested multiple times, so the position size should be smaller. I am not willing to take this risk.