Hang Seng at a crucial stage

Hang Seng has dropped significantly since our last bearish prediction made at 29340. It is now at a crucial stage and could move north if it finds support around 27000 level after some correction. However, if this support level is broken and then the bottom of the channel is breached, it could still go down to 24000 as originally expected.

PS: This analysis is just for educational purposes and is not a recommendation to buy or sell. Please do your own research and trade at your own risk.