05-06-2024, 11:04 AM
(05-06-2024, 10:07 AM)sgbuffett Wrote: HSI has probably peaked for today.
Pro traders will short the temporary rally.
Anyway since I identified the peak when HSI failed to learn the 20K level ut hassunkk to current levels. Falling more than 10%. The China govt funds won't push beyond those levels . Short sellers always have upper hand as upside is limited.
Sank fast once pro traders shorted at the temporary rally.
Chjna economy remains weak and investors avoid buying ...
Down from the peak formed early today pro traders likely tk short more jn afternoon session as China econkmy weakens.
![[Image: bOqbkQi.jpeg]](https://i.imgur.com/bOqbkQi.jpeg)
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