HSI likely to break 26k this week

١٣ ديسمبر ٢٠٢٠

S&P is about to tank and it correlates with hsf.

Another observation is that there is heavy short of put option at 26000/26200 this month. It is likely it would tank below 26000 next week and go back to above 26200 by end of Dec.

Guess it will pump in the day and tank with S&P at night. Pumping on Monday morning provides good chance to short.

@lonelygenius

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١٤ ديسمبر ٢٠٢٠

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3680 is an important level of S&P. Let's see whether it can hold.

١٤ ديسمبر ٢٠٢٠

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....If S&P can't hold 3680 tonight, bear market would likely to come, bringing hsi down tomorrow.

٢٢ ديسمبر ٢٠٢٠

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٢٢ ديسمبر ٢٠٢٠

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Most think it will break 26k and go further south immediately. And market makers do not. They keep lurking you do premature calls at higher levels.

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٢٨ ديسمبر ٢٠٢٠

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٢٩ ديسمبر ٢٠٢٠

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٢ يناير ٢٠٢١

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٢ يناير ٢٠٢١

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Highlighted some other MFI-overbought spots recently

٤ يناير ٢٠٢١

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Price went slightly higher with lower volume.
Low volume is reasonable b/c the price did not touch any important levels.
Should see how it goes in NY session.

٦ يناير ٢٠٢١

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Short the gap this morning. The gap may mark the start of correction if not quickly filled.

٧ يناير ٢٠٢١

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Recovery yesterday afternoon and hovering at this level today makes it less likely to go down. Sidelined.