Hang Seng Index

Long

ICHIMOKU WEATHER REPORT: Forecast of Hang Seng 50

By ICHIMOKUREPORT

Updated

I am forecasting the probable direction in price of the Hang Seng 50 using the Ichimoku Kinko Hyo Indicator.

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I am still long the Hang Seng; I moved my stop loss this week but I am still bullish. Price HAD to take a breather from it's aggressive move up after the reopening of China. I think it probable that the next price level/zone will be 22958.98.

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