25-04-2024, 10:01 AM
(25-04-2024, 08:48 AM)sgbuffett Wrote: HSI has failed to stay above 17K levels after going above it 4 times already.
So the probability does not favor the HSI going up further from here. Traders who by chance caught the temporary rally will get out here and those who chased will be forced to cut loss.
Like the last 4 rounds the HSI suddenly loses momentum.above 17K and move down below it.
Those who like to disagree with me that i am consistently wrong to short the HSI has argued since the day this thread started with HSI at 20K.
Now HSI is 17k...how is this possible if I am more often wrong than right.
U r correct in the last few postings of shorts and shorts at 15-16k range. Just that market is wrong to go up for now. It will come down, one day….