[sgbuffett]

HSI has taken out 21K level leaving those who hesitated behind now in FOMO state. My entry point was before the surge so I am not chasing. On Mondays morning  is especially sharp because traders regret not buying and chase up market on Monday mornings...market tends to over shoot then cools off. Sliding down the rest of the day.

I will be looking at good exit points to take profits on my long positions should overall momentum wane ....

The biggest % move up in the current bear market  is not this one but the Oct 2022 to Jan 2023. ..that rally stopped at 22700 !higher than what the HSI is today.


HSI is in a sideways market with sharp swings up whenever the Chuna govt does something. When investors fell what Iis done does not work it comes back down.

The last big rally stopped at 22700...
Today the HSI turned down once it hit 22700.

This is red flag warning to get out...and let correction take effect.