As per predicted this morning that the market is not a good day and stay out as it would suffer selling, we are witnessing the sellers in action now. See my early morning private post below:
http://stockmarketmindgames.blogspot.sg/2016/07/sti-top-volume-stay-out-today.html
Before that actually, because I knew the S&P 500 would hit the supply ceiling at 2104.38 yesterday, hence, I believe buying a put warrant on the HSI would be a wise choice since the HSI would take cue from the S&P 500.
http://stockmarketmindgames.blogspot.sg/2016/07/s-500-this-is-what-i-see.html
http://stockmarketmindgames.blogspot.sg/2016/07/s-500-this-is-what-you-get-210438.html
The trade was done and within one day, $1500 was made just by using simple tools and techniques to predict the movements of the S&P 500. I will share more about it next week.
Ronald K - Market Psychologist - A Stock Market Opportunist
