The main message here is things are returning slowly back to normalcy. That is consumers are spending again, maybe not a lot but it will come eventually as things get better. And that is what businesses need. An exchange of goods and services.
Please note that I do not know if this is a dead cat bounce or not or the bottom is here. That is why i have a short term target to exit and I have a tight SL as you can see from chart.
Futures trading is risky as it is volatile especially HSI, one of the heaviest traded in Singapore, that I know of. So , make sure you have a strategy to trade, employ STOP LOSS, risk and capital management.
DYODD
Nota
hit SL , out
Nota
it found some support at 21563, hovering at this range but I suspect price to continue dropping further this week.
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