Hang Seng at an important level. If we can get above the 236 shown here and hold the rally may continue. Next big resistance will be the weekly 200 MA. Trading ZCH Canadian ETF for this one, looks a bit different but follows closely.
Comment:
Trade closed: stop reached:
Closed out position today at original SL. Not a great trade, see if we can hold this 236 or we may continue lower.
Comment:
An EMM move would take us back to the Daily 50MA which may provide a good bounce. I'll be waiting until were above the 236 to re enter.