[sgbuffett]

I am.not taking any trades.
But my  data shows that the market has completed consolidation and can launch and upward move.

Look for HSi to recapture 20K to confirm a reverse up and break the down trend.

Some stocks have fallen for 6 weeks every week like Alibaba which has fallen to levels before stimulus.

Why this stock fell so continuously is because they were popular and  loaded up during the run up to the peak ...these positions are being unwound as market went down. Once "popular stocks" a sold off it is easier for the market to rise and rally up.

If you ask me i would watch Alibaba closely for thjs reversal.signalling. ..becaue market will will move up faster and more easily when the selling in stocks like Alibaba dries up.

Tencent announced good results the stock dropped instwad of going up because many were waiting for the results to dump the stock it did not really matter how gokd the results were. The stixk can knly start rising after the selljng is dried up.