$HSI Futures(JUN4)(HSImain.HK)$ Don't focus on the daily movement. Open higher, close lower,etc. Daily movements are disturbing, just widen the view up and see that even though the bearish feeling, the price action is pretty resilient staying well supported around current level ~18,000. More like price is finding a support to consolidate before a bigger move to either side. However still, my thesis is bullish since too many funds are overly underweight in China
US Market Key Charts (S&P, US Dollar, Gold) US Equities (4 Hour Chart) -[BULLISH ↗ **]View remains unchanged. We stay bullish on$E-mini S&P 500 Futures(JUN4)(ESmain.US)$as long as price continues to hold above 5340.00 support. Price is still expected to push higher towards 5440.00 resistance. Technical indicators are still advocating for a further bullish scenario. Alternatively: A 4 hour candlestick close below 5340.00 support will open a deepe...
$Hang Seng Index(800000.HK)$Should see more and more announcements leading up to the big meeting in July, once every 5 years. Based on historical data, HSI always rally hard after the meeting that will announce fiscal policies etc, brrrrrr. Also, upcoming shanghai forum, should also hear new market boosters cn/a/202406/06/...
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股勇者 :
sleep early... in dream, anything is possible
Lachlan Forrester : “Nobody knows if the market is going to go up down or in circles”
101693785 : Alibaba is moving within the range of 0.5 dollars