THe implementation of China tariff supposed to be 6july, 2 days after their national day. I think Trump may soften his stance on china just days before 4th july..clearly it only bring havoc to d world
overall seems found temporary bottom for now. 28000 must hold tonight. else, no story tomorrow. if tomorrow open at 540, think dont all in, can get cheaper maybe after cash open..
the market still bearish, 3 outflow in a row..but the momentum might slow down as many bears have left the market. need to wait next week d. like many have said here, the kick-in of tariff.
just for sharing, bear defense line @ 650> 800 > 900. heaviest @ 800-900
jun lim, more likely a temporary small bull nia. there are heavy defense in each point i mentioned above, need to see the price movement tonight to tell if it's worth to bet against the bigger trend.
still many negative factors out there, especially the trade war and currency devaluation.if u r not a full time trader, pls dont buy call at this moment. only ride on trend when it has clearer direction. u still can win one ma, just lesser nia, better then losing.
Boost, i dont share my chart la, later bring u to holland, just watch the few points i mentioned above for coming decision.
Bon might be right about the bull. Currently trump is easing tensions by going through congress for reviewing chinese investments on us companies. And also 4th of july is coming which is their independence day. MAYBE if after 4th of july still no win win talks between us and china. Expect waterfall on 6th july.
HSI now 2323 hrs trying to to break resistance of 28300 if manage to break then next will be 28500..but my prediction it will close at 28100.Tomorrow friday 0905 might gap down -300 of 28200 before another -250 to -300 27900
From Han: For FRIDAY (tomorrow) so that ALL can have early-early preparation/monitoring:
1. Overnight close around 28300, within our daytime 28300, just a repeat of the same for angmor appetite in NY.
2. Think Morning 4hrs will remain above 1hr MA20 of 28266, not shooting up above 28400 (then, we must be warned that we may be wrong hoping for a day's-fall) but with a fast dip below 28266 and recover above, around 11-12 before noon ..............
3. IF SO DOING as (2), pm open 13.00-14.00 is the awaited action begining 1st hr, a 100 point cut below 28266 to 28150, that's what we being waiting/hoping for (the inverted head on a friday, with no positive news from the trade fronts)........
Good morning Pdtan. Thanks for posting the update fr hanwen early morning. Greatly appreciate it to u and hanwen. Just wanted to check is the msg fr hanwen truncated as I noticed there seems to b a no. 4 but no comments that follows. Thanks
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MQ Trader 9695 views | 8 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jun Lim Ng
3,036 posts
Posted by Jun Lim Ng > 2018-06-28 15:58 | Report Abuse
Asdfghjkl ....can tell me what your next step ?! join H or side a way frist till tomorrow