HSI
Added 2024-12-06 12:53:51 +0000 UTCHigher high and higher low now and the price has finished above the 0.5 Fib to end the session....investors appear optimistic again approaching discussions on growth and stimulus plans next week.
As a rule of thumb, when the price is above both the 50 and 200 Day MA's, the trend is confirmed as bullish, when this is backed up by an impulse wave, it is very encouraging to see
My own thoughts, is that I believe the HSI has no problem returning to the blue line and testing its previous high from October.
