12th low of 25555 must NOT be broken (dangerously close now), waiting to see some greenshoots.(15min candles)....Be nimble/fast-footed if 25555 fail...
I bear in my today I am taking an OPPOSITE view to my previous post below, SO 25555 cannot breach....otherwise CUT!!! (also the arrest of significant Chinese corporate leader):
------------- Hanwen Yeh Tomorrow WATCH for 25538 !
I suspect the "Grand Panic Machine" (that we feared last friday) has been turned ON -- I guess very soon we shall witness the breakdown of the critical level of 25538 (Daily chart MA20), when this happen I guess the next destination is 25200.
Even if in the early session there is a push of 180 to 25760, I shall not be tempted... it is risk-on from now onward. 13/06/2017 01:56------------------------------------------------
Hanwen Yeh OUT OF THE GAP AREA!!!! 25645 now... (2nd green candle shud end near high +50pts @25648-25650.......)
WE ARE Living very dangerously....hahahahahahah (no benefits of advance news of Anbang's boss sudden arrest and China favourable trade data...) 14/06/2017 11:07
3rd green shoot ----also another close high green candles.. +55 pts...near 25700 .....
3rd candle 670 fail to hit 700 (30points short) and turn red (inverted hammer), some chicken-shited profit taking/cut losses) can sideway 4,5,6,7 15mins candles but little greens=sideway.....
------------------------------------------------------- Bon ; we were only 5 points (25560) to the total breakdown 25555 and with such bad news(Anbang/Deng XiaoPing family= ex China Supreme leader=Modern prosperity and economic miracle).... But i am bery bery hopeful 25700 done soon... when the consolidation is completed....and when the sun is out...(overcast outside now)....
ngwt China A50 11,097.50 points -142.50(-1.27%) give me no confidence to carry over lunch hour... Breakeven@68c 14/06/2017 11:58 --------------------------------------------- Mid day (12,00) close 25642 (25650-25640 area) still beautiful...
2 signs/directional for you to choose :
1. Bad one (that you inclined on) open 25620 down toward 25610-25590 and rebound back 25640
2. Good one --Open --1st of 3 15mins candles (13.00-13.15-13.30) hit 25700 ,,then pullback.... then...i may have a big news to break (like CNN heheheheheheh!)
Han, count wise, it still has the potential to go down to as far as 536, 470, 385 or even 25142. to break 800 for tide change.
CBBC wise, 74:26 very bear but the distribution very dispersed, weak bear.
news wise, US: the trump's 1st meeting was a joke..haha, worst than our PM. I think he is losing the support and with recent activities that went against him, market might take these as the reasons to short. i ignore the FOMC as many should had been factored in, unless they decide to delay the hike. - bear for now.
eu: catalonia referendum to leave spain, but not now: neutral
china: decide not to follow us interest rate hike. money outflow? - bear. 2. MSCI inclusion, may jack price up.- bull
ngwt, it's too risky to enter C, if the bankers continue their attacks over the lunch times then you are dead meat.
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Posted by bullshit_bear > 2017-06-14 10:23 | Report Abuse
it filled the gap yesterday 600