I was working late last night and didn't have a chance to see HangSeng chart until this morning. I saw something unusual, it seems that HS is due for a strong rebound with big operators loading in. Its suspicious, but its true. Could this be a strong rebound or a weak one? I don't know, more evidence is needed to support it. See the oval circled area, that's where big operators are loading in. HS had been sold down since Nov 8th, so i presume prices looked attractive now for a short rally maybe? The market doesn't always spiral down or constantly moving up, there will always be rallies and reactions as the forces of supply and demand are in work. For now, we watch and trade with the activity.
Ronald K
