14-01-2025, 05:20 PM
(13-01-2025, 01:21 PM)sgbuffett Wrote: I have closed all my shorts positions with good profits.
Will look for new trading opportunities depending kn market conditions
No rush.
Yesterday i closed all my short positions as market became oversold.
Today i observed quite alot of short covering causing the HSI and A50 to rise. The medium trend is down. The A50 fell everyday since the new year and temporarily rebound from deep oversold situation.
The market is likely to resume selling soon... long before HSI 20K strong resistance level.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.