HSI
Added 2024-08-08 10:35:45 +0000 UTCAnother test of the Green Historical Support line, which has been in place since 1998.
Coincidentally, the green support line is sitting exactly on the 0.618 Fib now too at 16,669.
Price has held on this level for 4 sessions now which is good to see but we have not got a reversal yet and as long as the HSI is below its 200 Day MA, there is still risk of this going lower.
We want the 200 Day MA to be converted to support.
