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Hang Seng Index - Supply & Demand Analysis

Short
Hang Seng Index (TVC:HSI)  
eldes  
TVC:HSI   Hang Seng Index
Beyond Technical Analysis Supply and Demand eldes Hang Seng HSI hongkong hongkongstocks hongkongindex hongkongforex hongkongmarket hongkongdollar
3
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beyondta supplyanddemand eldes hsi hongkong hongkongstocks hongkongindex hongkongforex hongkongmarket hongkongdollar
Recently Hang Seng Index reversed on a strong monthly Supply Zone finishing it's external bullish cycle
The price decided make an external bearish cycle.. now it's advised to SELL at long term basis.

Next destinations:

A) DEMAND (26908.14 - 26021.63)
Here price need to decide: if reverse in order to back to SUPPLY (32004.32 - 31126.20) OR BREAKOUT, retest and go to next DEMAND (23622.97 - 23204.17)

B) DEMAND (23622.97 - 23204.17)
Final external bearish cycle destination


Enjoy the Profits!
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