Johnkiew

Hang Seng Heading 27156 in short term

Short
Johnkiew Updated   
HKEX:HSI1!   Hang Seng Index Futures
Both charts showing 3 fibonacci spiral projections. On the left, in Hang Seng Futures Daily charts, the downside room project at 26431 (Around 950 points from now). On the right chart, a 30 minutes chart spiral projection at 27156 (230 points from now). Trader please do not hesitate to sell until price trade higher high.
Trade closed: target reached:
Hit short term projection 27156, daily chart projection 26431 likely to hit.
Trade closed: target reached:
Hang Seng hit 26341 two days ago. Hang Seng Futures is trading near 50% retracement 25760. Trader please beaware if a choppy period ahead as price moving into correction zone between 38.2% to 61.8% of previous impulsive up swing. The entire trend remain weak and no sign of reversal.
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