It sets to be a flat to negative day to me. Nikkei opened flat after overnight negative DJ. I am not optimistic about this opening. It shows to me the weakness of buyers. It is either no buying stay aside or sell. Looking at daily chart of SIMSCI , so far so good, downtrend is still intact. There was not downtrend channel violation at all.
So far, first hour trading sets a negative tone. I am looking for price setup for short selling.
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