May has ended, let's stretch a bit.

The new highs were reached in the past two weeks, but they are limited compared to previous peaks. From a technical perspective, it won't immediately turn sharply downwards, but the relentless sentiment is no longer present.

From a macro perspective, Trump plans to do harm again. However, the popularity of the term TACO itself indicates that the price sensitivity to Trump is weakening. Note that weakening does not mean absence; it simply means that the price will not fluctuate more than 10% just because he acts erratically.

Looking at the US stock market from the outside, it is also difficult to continue rising. However, the expectations for data such as inflation are quite good, so it is also hard to see a significant decline.

So looking forward to June, I speculate it will be a fluctuation waiting for a trend change. If a new high can be reached and all conditions remain unchanged, it would actually be a good opportunity for me to short.

As for me personally, my original intention remains unchanged, but in May I was forced to carry out a series of follow-up operations, managing to avoid losses just barely. Note here that the original intention is unchanged, but the actions themselves were almost all based on real-time instincts/emotions/judgments, or in other words, betting on short-term fluctuations. Once again, I emphasize not to learn from this.