This is a follow-up from my 15 May post; HSI futures completing an intra-day ABCD and making a lower high (78.6% retracement) with a negative MACD cross-over. Initial target would be 30,550, -2% for an eventual test of bottom of the range at 29,500.
Trade closed: target reached:
Time to take some money off the table here with the index hitting a low of 29.8k which is close enough to my 29.5k target.