HSI
Added 2024-11-07 11:32:59 +0000 UTCThe HSI looks ready for China to make this Fiscal announcement
I am not seeing any wild swings or concerns from weak hands here in the market
Price has comfortably held on the 0.5 Fib, has consolidated and made higher highs and high lows and now above the 0.36 Fib, having found support on the smaller green 0.618 Fib levels too on the smaller pull back
RSI is in the perfect position too to make a run up to our Wave 5 target
On a Wave 4 pull back, we do not expect the RSI to be at 30, as the trend is already in the middle of the impulse count, seeing it around 50 is ideal.
Comments
I think they are meeting on Saturday
Gareth Neary
2024-11-07 19:57:03 +0000 UTCShould we be expecting the usual Monday announcement? If it doesn’t come, is that a bad sign?
Nick E
2024-11-07 19:27:19 +0000 UTC
