bruceyam

HSI is looking for rebound

Long
bruceyam Updated   
TVC:HSI   Hang Seng Index
In the pass, I have been bearish for HSI for sometimes, at this moment, HSI might have some rebound before break below the supportive line
aim at rebound targeting 18500-19500
Comment:
After 20th National Congress of the Chinese Communist Party, People's sentiment have turn sour as the US Naval Officer commented on the possible clash of Taiwan Strait. The expected technical rebound is not materialised and the trend line was broken, HSI should head South from now one
Comment:
This to take profit, HSI 19,500 hit

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