MaryJane
Short

HSI dipped to PIVOT SUPPORT LEVEL

INDEX:HSI   Hang Seng Index
60 0 15
In the weekly nothing sustainable happened.
We see a large candle which broke the Longtermtrend. At the actual level the Index seems to be well supported for the shortterm. The index tested this niveau several times and here is based the SMA 200. A rebound to the breakoutniveau should be exspected from that level..

For the longterm the situation looks critical. If the Index could not reenter his long-trend, a selloff to the 0,38/0,5 fibo can be planned. Only sustainable prices above 24.600, respective 24.400 will turn the chart bullisch again.

Red: Expected szenario
Grey: Alternative Szenario
Trade closed: target reached
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out