tomj2417

Hang Seng - an alternative bearish count

Short
FX:HKG33   Hang Seng index of Hong Kong listed shares
I posted a bullish count for the Hang Seng a little while back but looking at the speed of this correction makes me consider more bearish possibilities. Here is one of them that suggests that the run up from December 2016 to January 2018 was in fact an extended 5th wave which now requires the necessary correction which is taking the shape of a double zigzag . If it can turn around before the level marked with my purple line then the bullish count gains favour again. Lets see.....
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