Rebound with global sentiment recovery from trade war concern. Hang Seng selling reach 50% retracement level 26683 on yesterday (left chart) and rebound. However the current swing have achieved 4 multiples of golden ratio. A potential retracement may occur. This basis can be refer to Hang Seng was under-performer among all indices market during this period of time.
Thus, today commentary are require to provide two directions view:
If price go higher high than 27270, price will further rebound to 27647. If price trader lower than 27270, support could be found on 27025 & 26945.
Comment
⋅
Hang Seng have moved higher than 2270, trader please focus on the next target 27647.
@John-Silver, hey man, something fishy u got there ha
@EuroMotif, @RaoulHayes something is wrong with that comment i recieved a notification for being mentioned in that comment but there is none.. another user reported that too.. I tried inspecting it but can see nothing