Tuesday, February 6, 2018

World Wide index drop

Update on 13 Mar 2018
on the past 1 month the stock have regain back momentum and current Hang seng Index around 31000. overall is lower than 33000 highest point. depending if the index able to break new high else it shall be either side way or lower low. but higher chance will be moving side way,


on 5 Feb 2018




To record today as the Big drop day.
overall Dows and Hang Seng drop more than 1000 pt.
to verify for future if today is best day to buy in or the down trend is just started.

on 9 Feb 2018


on 9 Feb the index continue to drop from the previous big drop.
so on a single day big drop is high risk to enter while now the index is at history high.
bubble risk is high.
On the Top 20 stock as below

to re check on the history
on the chart first below weekly chart it is obviously drop break all recent 20 SMA support line.
moving towards 50 SMA. expect weak rebound and continue fall.


On the sell short can notice on 5 Feb 2018  there is obviously highly % of short sell.
around 16% from previously 13%.
on 9 Feb 2018 the short sell increase tremendous to 18% and amount also break new high. on >200Billion.

On Summary
Bear trend coming bull seem finish after break thru 33,000 pt. dont know how much it will retrace back to. shall quit from market and wait for the chance to come again.

This shall be review again in future.


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