Hong Kong Index is oversold like never in its history.
As we can see in the 1 Month chart
The price is pegged to the 2000 Support and broke through the 200 average for the first time.
Is the liquidity injection process around the corner or will it sink?
LPI.sa
Let's analyze for a MONTH!
Let's zoom in on the TF to get a picture of the situation that is easier to evaluate.
Another month has passed, a historically good month like April which left big losses and gave way to the first $ 4.5k resistances.
May (historically one of the worst months) evening is the month of the Tapering, of the FED which will withdraw...