HSI1! 2022 MAR 28 Week
HSI1! 2022 MAR 28 Week
Continue to watch reaction at 22703.
Weakness expected, market may test 20241.
Do note that downtrend remains since trendline has yet to be broken
and higher low has not yet formed.
Weekly: Ultra High Volume very wide spread up bar rejecting lower prices,
followed by average vol down bar closing off low, level with previous bar
= some strength
Daily: Declining volume as price was marked up = weakness
H4: Topping off, temporary weakness
Entry will be based off the price reaction to levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
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