It is very interesting to see SIMSCI opened low and moved higher in the first 45 minutes. It looks slightly positive. The drop was obviously contributed by reddish overnight DJ. It is an ambiguous situation now. SIMSCI refused to deep further. I would consider a long position or staying aside (no trade). There is a positve movement in SIMSCI, however, under performed HangSeng and Nikkei hold me down from establishing a Long position. I do not like to see -200 point loss in HangSeng and Nikkei yet, I am Long SIMSCI. I would prefer to observe further.
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