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Dec0der

Short term trend remains Down

Hang Seng Index Futures (HKEX:HSI1!)  
Dec0der Updated   
HKEX:HSI1!   Hang Seng Index Futures
Supply and Demand Support and Resistance Beyond Technical Analysis
2
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supplyanddemand supportandresistance beyondta
Market back between the blue lines as expected. Selling and buying both strong so expect some zigzag. Lower prices to come.
Comment:
Market open Today with a big gap above strong resistance. Volume was significantly high in first few minutes so there were plenty of SL and BS orders. So far, there has been no follow up. i am still of the belief that we have not turned the corner yet. Few more days of wild swings with another low to come.

snapshot
Comment:
Comment:
Market keeps grinding higher but not really going anywhere. Volume is highest between 18400-600 so that is an area of interest for big players and will act as strong support/resistance during these last stages of accumulation.

3 gaps below now. Outlook remains the same. Lower prices to come.
Comment:
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