[pinkpanther]

17K is a strong resistances.

Also over bought so will turn down soon.

Those who buy today are the mass amateur traders who will get burnt once the US CPI comes out tonight and expected to be bad.

Temporary rallies = Temporary excitement ...these people will cry later when as usual the China market sinks fast downhill.

Those who are buying today are asking for trouble as they are buying at the exact resistance that the market will peak off and come down fast.

This is the best time to SHORT not to buy.

Using technical analysis which is very reliable we find today is the turning point for HSI and HS Tech.

Smartvprofessional traders are SHORTING.

Mass amateur traders push the indices up by 400+ points only to be slaughtered tomorrow?? They are pushing up anticipating of some other news....the news that dow will lau sai tonight is considered old news and factored in.....the market is always ahead..