Iram Site Admin
Joined: 01 Jan 1970 Posts: 1052
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Posted: Fri May 19, 2006 9:11 pm Post subject: Very strong Short positions appears for HK 80 |
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The last session indication fired by Tradestars.com's Grail makes us suspect the Hang Seng Index may be about to continue its bear move. If price falls down thru 16177.18 sell into it. If prices first rise up thru 16,626.71 this possible trade should be abandoned - wait for a better opportunity. A stoploss sized at 449.5300 points would be regarded as adequate. Alternatively a tighter swing trade stop can be placed at
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