Dec0der

Dec0der

Top did come albeit 2 days late, important or not, we will know in next few days. Ideally, i would like to hv seen more distribution between 25k-26k but as pointed out in previous posts, there was high volume selling in the last move up from 22400 so it was bound to run out of gas real soon. Pullbacks should be capped below 24500. Definitely dont want to see...

Dec0der

Fed midweek so gotta give it some room. Expect it to accelerate below 24k. For detailed thoughts on this short, kindly refer to previous posts. Regards

Dec0der

Didn't get the pullback before run for new highs as anticipated in the last analysis but on the flip side it means very little left to distribute. A pullback would have meant more to distribute above but now it looks like a quick up and back down. We have 7 weeks of distribution mainly between 23750 - 24250(See previous posts) Without volume, the last few...

Dec0der

We did gap up and didn't fill, trapping the late sellers but high volume selling in this up move. Unlikely that accumulation below was enough to carry it to new HIGHS in one go. It can come crashing down at any moment but if it can get to 25300-500, that will be a very good short opportunity. Regards

Dec0der

All set for a very interesting Monday's opening. Channel support held on for whole week while the sellers kept up the pressure and are now just above the accumulation zone. Gap up will trap the sellers and may not fill in near term with price quickly marching towards 25k. Gap down will open the door towards first the gap at 21882 and then towards march low at...

Dec0der

Markets are controlled by very few. They manipulate as they please. They own everything. banks, hedge funds, media, governments. They are the culprits behind social unrest, Wars, Pandemics. No new law is passed without their approval. They have mastered the art of deceiving the masses and they are looking to further enslave the common. Big changes are on the...

Dec0der

Detailed thoughts Tomorrow. Thank you.

Dec0der

Worth a shot.

Dec0der

Turns out, Yesterday's original idea of selling at 24600 could have been a masterstroke. On Daily, we have an inside day fakeout which favors more downside over the next couple of sessions. Levels to watch for support 24120 23750-800 Gap at 23455 For resistance, 24250, 24360 24460. I don't have any clear bias atm. Sidelined for now. Thank you.

Dec0der

*Analysis are overrated. Timing entries/exits is the real essence of Trading.*

Dec0der

Details at the chart. *Analysis are overrated. Timing entries/exits is the real essence of Trading.*

Dec0der

Beautiful move by bulls crushing all bears in their path. Odds greatly increase towards scenerio 1 (triangle) from the weekend analysis. Best course of action as of now seems to be trading near the extremes back towards the value area. Triangles can take some time. Be patient and always have a SL in place. Thank you.

Dec0der

Further to my earlier post, i was expecting a swift up and down move to take out some weak hands above 23900 and quickly come down but it has stalled just below and the consolidation around 23800 seems to imply that there may be more upside to come. I will negate the earlier idea of going short above 23911 and instead look to sell around 24050-24120. A short...

Dec0der

Appears to be SL hunting ...

Dec0der

Distribution zone between 23750 - 24250. From my experience, Accumulation / Distribution is carried out in usually 2 or 3 phases in different zones. Prices will swing up and down to trap traders but will quickly come back into the zone for more consolidation until the big players are done. My view is that we are not YET ready for the resumption of main trend...

Dec0der

Possible fifth wave ending diagonal forming. If it is the case, 4th of fifth wave from current prices should make its way to support area in 29000-28800.

Dec0der

HSI closed in a strong support region. Fourth wave expanded flat is the preferred count as the selloff seems to hv good momentum but caution is required. Under this count, HSI will make a new low below 28000 and then rally towards 30000. ALT. Triangle. 28600-29000 area has seen very heavy volume traded recently. Expect the prices to hover in and around this area...

Dec0der

Hangseng appears to be in wave iv correction with A and B waves both unfolding in 3 waves. Wave C is currently under way. In case of an expanded flat, it will break below 28000. Target area is 27800-600. In case of a Triangle, wave C should end around 28550-600 area. Once completed, wave v should advance to 30000-30300 area.