28-07-2023, 03:23 PM
(28-07-2023, 02:40 PM)sgbuffett Wrote: I warned of collapse last week and HSI collapsed bottom was on Monday this week.
Then j posted market is oversold and I myself.bought when I posted that...on Monday
The market become over bought later this week...this thread was started only on Wed when the market start becoming overbought
The market moves up and down traders take advantage of movement
But yr reverse indicator is usually almost instant bro. Once u are very confident of its rise and fall market will do exact opposite. U don’t believe u try trade index based on yr own call.
Love yr confident quote, cannot be more accurate than this:
“Quite clear to see HSI will selldown from now to next few days.
A peak has been formed. RSI also peaked and turn. Top professional traders would now be selling and shorting as they can clearly see a peak”