GPS recalculating, HSI is finding its way back to the bull routePEPPERSTONE:HK50
D chart : it tries to returning into uptrend channel.
HSI:HSI
D Chart
We look forward to see it at 24192, 24385! Let's continue to monitor.
W Chart PEPPERSTONE:HK50
in 1H 4H chart mentioned the Index is intact and in the Bullish runway!
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Hsillong
Hang Seng: Just do it 💪The chinese Index isn't kidding around when it comes to fulfilling those New Year's resolutions and is using all its power to climb all the way North. We're expecting the Hang Seng to rise further into the turquoise target zone to complete the red wave (3). After completion, the course should fall back into a correction in order to finish the red wave (3). In case the Hang Seng can't carry on with its recent upwards pulses, we're expecting it to drop below the support line at 18 917 points. This would indicate the activation of our alternative scenario with a chance of 27%.
HSI approaching support, potential for a bounce!
HSI is expected to drop to 1st support at 27771.5 where it could potentially react off and up to 1st resistance at 28777.6.
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