good evening,
busy schedule, i have to make things short n brief...
it is too early to call bulls off... the rebound follow up is still intact, so remain cautiously bullish and await opportunity for your favorite strong stocks. for some, today is the first day of retracement, so make sure things stabalise and prepare to hop on. other stocks that are already accumulating while market is rallying the past few days, watch closely for surge in interest and ride the nx wave.
the intraday call i stated yesterday, was it a failure?? nope, it was not triggered. todays market lack any push up, that is why my intraday buys were all left open and not affected by the continuous plunge. index is likely to remain in retracement/console mode for tomorrow. what you need to watch out for is the gains are not reversed out excessively.
conclusion...
remain cautiously bullish, prepare to load on clear accumulation and interest surge. beware of excessive plunge and limit exposure. trend is still bearish, we are playing a strong technical rebound, not a bull rally.
enjoy...Heiwa
Communication
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