BUT I would like to warn traders to book partial profit on your Long Positions first for today as I truely doesn’t like the movement of the market for the next 2-3days.
Hang Seng Future must close above 20123 today for further upside. Both of my V3Go Indicators are calling for SELL Signal on this market in the near term therefore we are looking to load on the Put Warrant on it soon.
Last traded price: 20158
Watch the NIKKEI, especially if it fail to close above 9890 today. This market could probably provide you the FIRST Signal.
Last traded price: 9880
The Dow hits a high of 10328 yesterday but reversed itself to close at 10186. Thats a 150points reversal. This is not good. This show that the Dow is still strongly resisted by my 10300 resistance prediction. (The Exact Number is 10315). Tonight, I expect the Dow to re-test around 10236… and should it fail to go higher than this number, I am looking at the Dow to trade lower back down to below 10,000 again!
Nothing is for 100% and my call may be proven wrong too but I think today I will be more than caution as I approach this market as some of the signals are pretty clear. I am calling for SELL now!! The choice is yours.
Disclaimer applied