HSI hit oversold on both my 3 hr and daily charts, I doubt it gets too pumptarded because their government is keeping everything in check, but you figure a one week rally or so. That's why I'm not shorting Chinese ADRs today.
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Note: I'm probably taking a 2 week break from trading, updates will be sporadic and whenever I feel like looking at the market.
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I thought it was a melt up, but looking at HSI, I realized it's a Chinese pump job. Futures leveled off after the Chinese pump