HSI Trend on Jan 2020
The Hang Seng Index has been moving within an upward channel since Aug 2019, which is around 5 months time.
Now it is at the top of the channel and is due for a correction. My guess for the correction would be at least to 27700.
Then we would watch the level 27470, a critical level above the big gap up.
If that gap is NOT filled, it would be bullish and the index may boost to 29500 level or higher.
If filled, I guess it would go back to around 26500 level, which is the bottom of the channel.
Now it is at the top of the channel and is due for a correction. My guess for the correction would be at least to 27700.
Then we would watch the level 27470, a critical level above the big gap up.
If that gap is NOT filled, it would be bullish and the index may boost to 29500 level or higher.
If filled, I guess it would go back to around 26500 level, which is the bottom of the channel.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.