It has been a long time since I have updated this blog.
Recently big changes included selling off my silver ETF few months ago. Investing my Option account fund into 7300 ETF. Converting my US Short position to an 3x leverage Ultrashort SPXU.
My overall view of Market: Bearish.
Current invest in : Inverse ETF (Stock Market)
Gold ETF
Off the plan property in UK
Wednesday 24 October 2018
Recent purchase 2840 SPDR Gold
Recent Purchase on 2018/10/25
HK Stock Market
Stock Code: 2840
Price per share: $917.5
Share number: 700
Reason for Purchase:
Overall picture: General stock market had entered into Bear market territory. Time for hedging in Gold.
Weekly Chart: 1. MACD gold Cross. 2. Good volume support on recent up turn. 3. Price cross above 10 week MA. 4. Overall Double bottom structure form between AUG-OCT 2018. 5. 10 week MA Upsloping.
Daily Chart: 1. Gold Cross on 20 day and 50 day MA. 2. Price rising steady in Short term Up trend.
HK Stock Market
Stock Code: 2840
Price per share: $917.5
Share number: 700
Reason for Purchase:
Overall picture: General stock market had entered into Bear market territory. Time for hedging in Gold.
Weekly Chart: 1. MACD gold Cross. 2. Good volume support on recent up turn. 3. Price cross above 10 week MA. 4. Overall Double bottom structure form between AUG-OCT 2018. 5. 10 week MA Upsloping.
Daily Chart: 1. Gold Cross on 20 day and 50 day MA. 2. Price rising steady in Short term Up trend.
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