Fade it? Not yet.
“…the nagging fear that the boy who cried wolf was only telling the truth when everyone had learnt to ignore him.”
Thursday is now the “big day.”
So what accounts for that? Well, no one knows exactly. “Some bearish investors were looking for excuses to ‘kill the bulls.'”
“Traders are rushing for the exit and trading volumes on the Hang Seng are more than 80% above their 30-day average.”
We’re not out of the woods just yet.