19-06-2024, 03:39 PM
(19-06-2024, 07:41 AM)sgbuffett Wrote: We saw narrow back and forth trading of HSI throughout yesterday.
But if you observe the Yuan it was sinking throughout the day vs USD.
The HSI was swimming against the tide and did quite well.
If the tide reverses I.e. Yuan rise vs USD we will see a surprise rally....I am quite sure of it
Futures now looks ready.....everything depends in Yuan...currency speculators have been pushing the USD up even as US 10yr goes down. This strength of USD will break...and break abruptly.
Good job bro