We will see some panic selling today.
For intraday traders, any rebound is a short.
However, panic selling also mean to go long in psychology view.
So, I recommend to look to long small and try to get the lowest price. :)
Posted before trading starts.
I could be wrong, looks like there isn't much panic selling and the support at around 2760 looks strong. Not looking to short.
Posted @ around 10am.
Today was a rather confusing day, I was expecting some panic selling but it gaped down to the strong support and wasn't moving lower.
But somehow or other most counters went higher for the rest of day, esp some counters like Cosco, RafflesMG, STX OSV, CapmallsAsia, etc etc.
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