Continue to Stay SHORT in the Market
Posted by admin in Futures Pick, Market Analysis, Stock Pick
Good Morning,
13th of July, I called for a SELL on the HK market. And from the chart pattern and my system, the downside is coming soon. Too bad, the very night, the Dow rallied more than 140pts thus causing the market to open higher the next day, hitting a high of 29700s but you can see from the chart that it didnt stay up long and began to tumble towards the closing and the next day, it just sold down more than 300pts. It was indeed a roller coaster ride. Congrats to those who shorted, cut loss first, then shorted again. Well DONE!
For TODAY;
The NIKKEI is good SHORT once its goes below the Opening Price of today, based on the chart and our system
The SIMSCI is a good SHORT once it goes below 348.4
The TWI is a good SHORT at OP-1
The HK is a good SHORT at OP-1 too.
Continue to SHORT Bank and CPO Stocks.
Overall, I am staying BEAR for today and most likely we are going to See the STI going down by 10-15pts today. And if my forecast comes true then STI should be heading for the 60pts selling soon.
Cheers!
Disclaimer applied
Kelvin Han
V3Go System Originator
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