unless tomorrow is a huge positive, during the past 4-5 weeks, people keep selling no matter good news or bad news. A mid-term top could have been pasted. It is the time to take the mid-term profit. The mkt rose from 10000 to 13000, nothing can stop profit-taking.
If mid-term profit-taking has started, I predict to see 11500. But for a bear mkt, it is very common to see short squeeze due to other bears cover. So be smart to do bear.
Unless tomorrow is a huge positive. |