KaKeungChoi

HSI - Nov 2016 - Sell at Resist levels and Zones

Short
TVC:HSI   Hang Seng Index
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5
hsi
HSI - Nov 2016 - Sell at Resist levels and Zones

HSI is running below the 50 days MA, sign of weakness, the retreat was forecast last month, and it should continues through this month towards the support zones.

Wait for confirmation of engulfing red in 1 to 2 hour candle when ever index rebound back to resist levels and zones to confirm the sell trade. profit take at support levels and support zones as rebound could occur once index reach these levels.