Posted by skyhawk > Aug 29, 2018 03:06 PM | Report Abuse
the chart is painted by MM.........
------------------------------------------------ Agreed. But MM's painting also faced some disruptions due to Xi's recent DRASTIC counter-cyclical intervention on RMB. Now immediate term 7.00 RMB looks unlikely, like having an abortion. And there is some mispricings to HSI & HSIF even now...IMHO...
MM looks like having an unfinished business (readjustments?) at 28600 (or even more)....if :
1. Tonite ,it spend time flat-topping 28310 each hr,(parallel to USDCNY now at 6.8253) and close down 28200 near the lower gap 2. Tomorrow launch from 28200
I will join in the Long/Call march at open launch...
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....
richauthor
199 posts
Posted by richauthor > 2018-08-29 09:19 | Report Abuse
Open so high, wait for it to drop before entering call.