Market already expected Fed to increase interest rate at the last two round (include today), WHY the market response is so different (One huge UP, another huge DOWN)? Anything that I miss the news ?
Ngwt.. Likely it is processing 1st stage ie wave A within correction mode which I don't think it wud go below 25377.Expect 25383 to hold for a rebound to develop 2nd stage ie wave B upside above 25700 or higher B4 it unfolds wave C. Wave C downleg target will depend on where B ends. Corrective Wave structure is difficult to predict unlike impulse waves with 5 subwaves. My advice, if u are going for Call, put a tight stoploss ie if u see 25377 support is violated.
i think it wasnt the hike tat cause the drop, it's the $4.2 tri reduction plan.
money outflow is expected from Dow but how much the impact i dunno. but it'll definitely accelerate from quarter to quarter. As for Asia, so far i think only HK react to it, and China already mentioned they wont follow, thus money may flow out from China but Hongkong i think still ok. However, psychologically China may drag down hongkong.
Harami with a lower shadow and body top is the most reliable bullish pattern among all esp if it is developed at the end of a count(downtrend).Bullish harami which develops juz after top end must give 2nd tot and must rely on the next candle and even then u have to look at the wave structure 1st.Always EW must come first.Harami or other candle patterns are juz for double confirmation.
Dji ffinally hit my 1st target at 21345 yesterday.Let us see if it wud hit my other upside targets later and if Ah Seng is still hovering between 25200-25800,go short for 24450
DJI is still maintaining its uptrending pattern..Hsi could hit a new high over next 2 trading days,not over 26102 based on my extended flat analysis of current corrective wave.
tm : my guess -timation is down day 1 & day2 (tomorrow), Up Day 3-4-5-6-7, to (as you said) 26102 BUT MUCH MUCH BEYOND....... so I will keep 3-4 days for my NEXT BUY.......
ngwt : be careful on your H-buy during the said period above.....
Today' low shud be around 25720 (both day & night), tomorrow's lower low will depend on today's low.... so will be relaxing days for me ...meanwhile...
"......... Hanwen Yeh Expected the morning opening gap (25485-25429=55pts) NOT to filled next few days---VERY VERY UNUSUAL!!!, ---""sapu"" at 1st opening prices.
HOURLY candles only RED at 2nd....slight pullback 10-11am ,then 45% straightline up.... 16/06/2017 10:16....."
It's 19.00 at 25690. If 20.00 drop another 60points to 25632,then the whole night cant be good, and will just drift lower toward 25610 ,close maybe 25622...
Next morning will be another open drop..... the expected MISC inclusion?/exclusion? will do little to lift the mood much for the HSI whole day.....
Maybe it's another MISC-No-inclusion tomorrow morning?
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ngwt
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Posted by ngwt > 2017-06-15 10:34 | Report Abuse
fair bro. ok. I think i will stay away and wait until bottom at 25400 and enter C at there. OR above 25530, I will enter Cs too.