STI and Hang Seng both going sideways!STI - Shooting star appeared Oct 14. Weekly chart, MACD and others indicators showing bearish crossover.
Hang Seng - Bearish harami candle appeared. If combine the last 4 days, it looks like Doiji. Potentially bearish reversal to follow.
Attended the Chartnexus traders' club meeting Oct 12. Half the class expect the STI to breaks 2700 shortly and half like me feeling bearish..News reported in papers expecting 3Q to be better, GDP is up...etc.
In this confusing state, decided to keep away...take the profit, close the position and enter when the situation become clearer... don't know when..!
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