HSI
Added 2024-06-25 11:05:31 +0000 UTCEnded a 3 day red streak today by finishing in the green and at one stage up +1%.
Price action is still staying between the 0.38 Fib and the 0.5 Fib in this confluence range, with the 50 Day MA cutting through the centre.
We have a higher low so far but need a higher high next to confirm the trend is reversing to the upside, a break above 18518 would confirm this.
Chinese ADRs in the US were generally positive yesterday too as support continues to hold here.
Structure remains in place, a positive catalyst from policy makers would be welcomed now.
