Nikkei closed -190 but appeared mixed rather then bearish. Short and mid term bearish.
STI open gapped down and continued the downtrend. If it stays below 3350 any longer, bears will take control for the day. Cautious. Short n mid term bearish.
HSI currently down 740 @ 26776. Support region @ 26600, break that and the bears will come whacking. Short n mid term bearish.
Indexes are now all downward bias. Extreme caution needed. Rally will not be sustainable and dips will last until margin call sets in. Tighten ur cuts, hedge your portfolio, long the strong counters while shorting the crippled.
Communication
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