18-06-2024, 09:04 AM
(21-05-2024, 08:57 PM)sgbuffett Wrote: Peak formed ...Big Boys show hand and did so befoer 20K critical level that I have identified.
Not a good sign ...don't expect quick recovery. China stimulus now assessed to be insufficient not enough for econkmy to recover.
I identified the peak more than a 1000 pt s higher 3 weeks ago and shorted.
Today I will cover all my shorts.(see the post abovel for when j started shorting)
The technical.action yesterday and over night points to a reversal and some parts of the data release from China govt points to a change. Some traders failed to realisenyesterday but by today they will be able to do so.
I expect all pro traders to have either covered or will cover their position this morning and go long.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.