HSI Update

Updated

MFI almost overbought, setting up for a drop Thursday I think

Note

My usual play is PDD, but I think I might short BABA tomorrow afternoon, ASia is always weak on Thursdays and the Reddiots will learn they can't pump the entire Chinese market

Note

MFI overbought now, but if you're gonna do PDD puts I'd wait until EOD

Trade active

Bought a couple of PDD puts for kicks and giggles when it turned around.

Crap has a tendency to rally EOD, so I left space to add if I want

Note

Looks to me like PDD is f'ed either way, lol

Trade closed manually

MFI went down but the index didn't which is a sign of a melt up. Not what I would expect from China, so I bailed on open.

Made a little money due to the EOD drop yesterday but that's about it

hungry_hippo

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