Signs of Hope in HK again....
Updated
I like what I am reading here
The main message here is things are returning slowly back to normalcy. That is consumers are spending again, maybe not a lot but it will come eventually as things get better. And that is what businesses need. An exchange of goods and services.
Please note that I do not know if this is a dead cat bounce or not or the bottom is here. That is why i have a short term target to exit and I have a tight SL as you can see from chart.
Futures trading is risky as it is volatile especially HSI, one of the heaviest traded in Singapore, that I know of. So , make sure you have a strategy to trade, employ STOP LOSS, risk and capital management.
DYODD
The main message here is things are returning slowly back to normalcy. That is consumers are spending again, maybe not a lot but it will come eventually as things get better. And that is what businesses need. An exchange of goods and services.
Please note that I do not know if this is a dead cat bounce or not or the bottom is here. That is why i have a short term target to exit and I have a tight SL as you can see from chart.
Futures trading is risky as it is volatile especially HSI, one of the heaviest traded in Singapore, that I know of. So , make sure you have a strategy to trade, employ STOP LOSS, risk and capital management.
DYODD
Note
hit SL , outNote
it found some support at 21563, hovering at this range but I suspect price to continue dropping further this week.
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