HSI
Added 2024-11-27 08:54:42 +0000 UTCHSI has reacted positively today to the potential tariffs imposed by Trump.
I spoke about the significance of this test of support on the 0.618 Fib on the same day Trump announced his potential plans.
Overall I believe the market was expecting harsher tariffs but for now, they are tame.
My position has not changed, a Trump presidency is bullish for China, as it was when he entered office for his first term, whereby $BABA ran from $78 to +$300 from the start of Trumps presidency.
All we need to see from the HSI now is a series of higher highs and higher lows and recapturing the higher fib levels, everything else follows positively then.
Comments
Thanks, what’s the next major resistance for HSI?
Michael
2024-11-27 11:18:16 +0000 UTCIs $HKG50 the same index? I can't find it as HSI in my broker
César
2024-11-27 09:06:51 +0000 UTC
