HSI only breaks the previous bottom a little bit while the US market drops 15% and alot more around the globe!
another round of 4 trillion money printing from China and another round of rate dropping coming soon from the Fed will eventually return the whole.
Here, from the chart, Weekly!
assume
BOLD GREEN C = 1.618A and
BOLD BLUE 5 = (1 to 3) x 1.618
light blue is wave 12345 where 5 is in bold blue which is the points from 1-3 times 1.618
both target are around HSI 32800 which is about 7000 points above current level.
There'll be a time study idea indicating a top on OCT(probably 29th like the old date) this year.
Trade closed manually:
24900 broken, idea is WRONG