Posted by hanwen > Aug 24, 2018 11:27 AM | Report Abuse X
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hanwen Friday Quicknotes
1. Morning gap CLOSED !!! 24/08/2018 10:01 2, RMB shot down!!! 3. 15minutes Rebound 274XX to 275XX abt100 served as multipurposes a) dead cat+100 b) Gap filling of open gap of 9.15am c) HNS (for last 5 days) FORMED,TODAY's FRIDAY =RIGHT Shoulder readying for its NEXT EASIEST PATH!!!!
RIGHT-HAND-SIDE of Current HEAD-AND-SHOULDER trading :
1. HEAD= Market already CONFIRMED our thursday's TP 28000+/- made 2 trading-days earlier 2 RIGHT-SHOULDER was yesterday's BOX-PATTERN 14.00-24.00 3 Today Friday further DEEPENED the DOWN-HILL-SLIDE, ..........
This DOWN-HILL (SLIDE-DOWN) is PROJECTED to (natural time taken) complete/to be over/to end, around 30-August (NEXT THURSDAY)
The NEXT 4-5 days slide-down can be Symmetrical (roughly SIMILAR-shape but in opposite direction of the rising up (the LEFT-SIDE of Peak28000 from 18/08 to 23/08) or ASYMMETRICAL--which NORMALLY is the case with HSIF
(a.the fall slanted to left -- the MM quicken the down-pace like yesterday 9.30am from 27950-27650,when there is coming/looming uncertainties b.the fall slanted to right--during bullish times-- MM gradual profit-takings from market-highs,with more/numoruous rebounds to enable sellings/distributions at higher price-levels)
REMEMBER/BEARING in YOUR MINDS (all-the-time)
1. Morning small gap already closed 27600 2. USD/CNY HAS PROVEN to be the LEADING INDICATOR for HSIF whether day/night consistently!!! 3. There is a DARK-HOLE waiting at the bottom (27100-27200)
Dead Cat Bounce 27780-27800 MM Trap lunch-hour Trap Dont be sucked into C at these price range
They be another i hr Trap monday morning!!!
Repeat MM's Trap , Shorts Puts or Die... Next 4 trading days!!
Today Trap of 13.00 27800 will end up like this each hour 27720 27700 27660 27600 27540 27500 27420 27430 24/08/2018 15:02
AFTER you have EXPERIENCED & SEEN the SLOW-DEATH of HSIF today (FRIDAY) as described in the the table above,
When (or better , BEFORE) the same/similar situation happen again on Monday & Tue, It WONT BE A SURPRISE TO YOU, in fact you will exclaim/tell yourself "Heh!! Why so familiar one hah?!"
And hopefully You wont try to harm yourself /pockets by contrarian Cs-buy, can kill one!!!.....
hanwen Today Trap of 13.00 27800 will end up like this each hour 27720 27700 27660 27600 27540 <<------------- (We should DAY-close around here 27550-27520) 27500 27420 27430 24/08/2018 15:02
Anyone here trading on the (HSI) Futures Index as distinct from Makuali's C's? Let me know here 24/08/2018 16:22
Hanwen sifu, Most of the company results are out and most of them are better than expectation, plus month end they normally pull up the index for month end close wor
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
cybergreen
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Posted by cybergreen > 2018-08-24 11:45 | Report Abuse
thanks Han wen