DIFF Resistance - 21035
DIFF Support - 20832
Hang Seng opened above 21,000 level (as forecasted) but quickly sold down to below the level, closing at 20837 for the Futures. Today despite the Dow hitting above 10,500, the HK market cannot even go past the resistance at 20970. (at least of my writing now at 1030hr) clearly shows that one need to be very careful on the long side.
Now During the second session i am waiting for HSI to go below 20832 to short this futures.
THOSE ON THE LONG SIDE PLEASE TAKE NOTE THAT IF HSI FAILS TO GO ABOVE OPEN PRICE , PLEASE GET OUT OF THE MARKET