jrolfsen

Hang Seng Bullish Breakout

INDEX:HSI   Hang Seng Index
534 2 3
Large bullish candlestick breaking out of moving averages and resistance levels. Might have a brief pull-back as seems common enough with these signals.

If the short history here is any clue, we have technicals very indicative of future price movements; between no BS support and resistance and clear 1-2-day candlestick signals, the HSI             seems to be an easy read.
wow your bang on target . when do u think this will reverse ?
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Yep, pretty clean breakout indeed and I agree with your target. Seems a bit unlikely to me that HSI would find much bull momo here, which is exactly why it might. Seems perhaps HSI is a few weeks behind SPX? Or a few weeks ahead?? Thanks for sharing!
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