Very strong movement yesterday followed by a -0.5% day in today session, I don't think I need to go into much detail when I say that after every strong move is always followed by small pull back.
I have added in the smaller white fib levels here to show where I expect support to come, with the 50 and 200 MA on the HR chart as the lower limits of this pull back.
50 is about about to cross the 200 MA on the 1hr chart next too, further confirming the bullish trend.
A lot will come down to what will be announced tomorrow at the Conference
So far the HSI is clearly showing that they expect positive and encouraging news.