Dear @shanghaipreneur

Technical analysis is pretty much useless in a market where 95% of the trading volume is faked, don't you think?

You nailed it. I also realized that at the same time different people are coming to very different conclusions while presenting their own TA.

So what's the point? If analyzing same data are bringing us sometimes to absolutely opposite conslucions, then it's really hard to take TA seriously.

Psychology matters way more in my opinion,

In China, the HUGE YUGE HUGE (it can't be overstated how big this is, seriously!) 70th birthday celebration will take place in Beijing on October 1

I wonder if Mainland China will follow up with some heavy crackdown on Hong Kong because of that event.

The simplicity of that system is immensely valuable.

It surely has a value for many, however at the same time (for all mentioned reasons) this market is considered not mature and easy to manipulate.

Good read. Upvote on the way, Catch :)
Yours, Piotr