05-06-2024, 03:12 PM
(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.
Pro traders shorted all the wat down until HSI negative to make good profits.
As explained earlier the rally is temporary as China econkmy is very weak.
![[Image: Q8rzB0a.jpeg]](https://i.imgur.com/Q8rzB0a.jpeg)
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